关键词: 柑橘, 农业保险, 气象指数, 合同

Abstract:

【Objective】 The objective of the research was to design weather-based index insurance contract for citrus and to provide technology for policy-guided agricultural insurance. 【Method】 Based on relationship between citrus yield loss rates and weather factors, the tail distribution of weather disaster risk led to catastrophic results was calculated by extreme value theory and premium rate was counted. Weather-based index insurance contact was designed based on the advantage of area yield crop insurance and weather index insurance. 【Result】 The pure premium rates and indemnity caused by meteorological disasters were calculated for each county in western Zhejiang. The pure premium rates for meteorological disasters insurance were from 1.8 percent to 3.0 percent in Chun’an, Lanxi, Jinhua, Lishui, and from 5.5 percent to 6.6 percent in Jiande, Changshan, Jiangshan, Longyou, and Quzhou. 【Conclusion】 Weather-based index insurance contact was designed for needs of policy-guided agricultural insurance. It will reduce the shortcomings existing in traditional agricultural insurance and abroad index insurance. Weather derivatives could be designed based on it to enter the financial markets.

Key words: citrus, agricultural insurance, weather-based index, contact