as they shed light on the viability of private crop insurance in China. -- Crop insurance ; systemic weather risk …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 …

dependencies between multivariate random variables. The estimation procedure is applied to weather data in Germany. Our results …Systemic weather risk is a major obstacle for the formation of private (non- subsidized) crop insurance. This paper … explores the possibility of spatial diversification of insurance by estimating the joint occurrence of unfavorable weather …