{"id":9820,"date":"2014-02-11T10:33:43","date_gmt":"2014-02-11T10:33:43","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&#038;p=9820"},"modified":"2024-08-15T10:20:50","modified_gmt":"2024-08-15T09:20:50","slug":"assessing-pricing-assumptions-for-weather-index-insurance-in-a-changing-climate","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/assessing-pricing-assumptions-for-weather-index-insurance-in-a-changing-climate\/","title":{"rendered":"Assessing pricing assumptions for weather index insurance in a changing climate"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Daron, J. D. &amp; D. A. Stainforth. (11th February 2014). In: Climate Risk Management.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>We expose the benefits and limitations of the Bayesian Network approach, weather index insurance as an adaptation measure and climate simulations as a source of quantitative predictive information. Current climate model output is shown to be of limited value and difficult to use by index insurance practitioners. The method presented, however, is shown to be an effective tool for testing pricing assumptions and could feasibly be employed in the future to incorporate multiple sources of climate data.<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[174,203,210,65,86,269],"publication-type":[436],"topic_area":[4706],"class_list":["post-9820","publication","type-publication","status-publish","hentry","tag-adaptation","tag-climate-model","tag-india","tag-insurance","tag-risk","tag-uncertainty","publication-type-research-articles","topic_area-major-emitting-countries"],"acf":{"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["david-stainforth"],"type":"relationship","post_type":"profile"},"article_link":{"ref_value":"field_52eee3c7f0586","value":"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S2212096314000023","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"Link to publisher","type":false,"post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Assessing pricing assumptions for weather index insurance in a changing climate - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/assessing-pricing-assumptions-for-weather-index-insurance-in-a-changing-climate\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assessing pricing assumptions for weather index insurance in a changing climate - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"We expose the benefits and limitations of the Bayesian Network approach, weather index insurance as an adaptation measure and climate simulations as a source of quantitative predictive information. 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