The agriculture sector observed the penetration of parametric weather risk financial products, including weather index … insurance and weather derivatives, between the late 1990s and the early 2000s. However, the adoption of such products remains … that captures the moderators accelerating and inhibiting pricing structure and willingness to pay for parametric weather …

Low income households, especially in the developing countries could suffer losses due to weather related events such as … household based on the weather outcome rather than the actual crop yield. Traditional methods for pricing rainfall derivatives …

, 1h) are included in the estimation of univariate GARCH models, to be used in combination with copula functions for VaR …

In this paper, a new form of weather derivative contract, namely the climatic zone-based growth degree-day (GDD … reduce the model dimension of multi-regional temperature-based weather derivatives pricing. Since the proposed contract … serves as a risk management tool for all of the cities in the same climatic zone, we compare the risk hedging power between …

, especially in the developing countries like India could suffer losses due to weather related events such as drought, hurricanes … agri-households based on the weather outcome. But the pooled rainfall risk in a rainfall insurance portfolio is currently … rainfall risk than the rainfall bonds and the capital requirement for an effective hedging of the rainfall insurance portfolio …

Since their first introduction in 1996, weather derivatives have been a topic of discussion. The ongoing climate change …

Non-catastrophic weather risk is gaining importance as climate change becomes more pronounced and economic crisis … forces companies to strengthen their cost control. Recent literature proposes weather derivatives as flexible weather risk … mitigating tools. Only a handful of studies analysed the feasibility of weather derivatives in industries other than agriculture …

interesting for investors and issuers of weather contracts to take advantages of geographic diversification, hedging effects and …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 …