The supply of affordable crop insurance is hampered by the existence of systemic weather risk which results in large … risk premiums. In this article, we assess the systemic nature of weather risk for 17 agricultural production regions in … the weather index and the strike level of the insurance. Our findings are relevant for insurers and insurance regulators …

Forecasting based pricing of Weather Derivatives (WDs) is a new approach in valuation of contingent claims on … nontradable underlyings. Standard techniques are based on historical weather data. Forward-looking information such as … each location) that allows the incorporation of meteorological forecasts in the framework of WD pricing. We study weather …

Recently, Weather Index Insurance (WII) has received considerable attention as a tool to insure farmers against weather … uninsured poor. We also suggest that in Mexico the thresholds of the weather index be (continuously) re-calibrated in order to …

Relying on census data collected in 2002 and historical weather data for Uganda, we estimate the impact of weather …

Certainly, economic activity is influenced by weather conditions. In short term economic forecast, normal weather … and do not take into account specific weather conditions such as unusually mild or cold winters. In particular in the … cyclical reasons ore merely reflect specific weather conditions. The paper shows that this uncertainty leads to biased forecast …

electricity spot prices. Moreover, both the demand and the supply of electricity are subject to weather conditions. Therefore, we … examine the relation between hourly electricity spot prices from the European Energy Exchange and weather, represented by …