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  • Confirmation of Candidature : Candidate - Jonathan Barratt

Confirmation of Candidature : Candidate - Jonathan Barratt

Can Unsubsidised Index Insurance Programs be Utilised in the Commercial Production of Wheat to Hedge Extreme Weather Events?

Date: 13 April 2021
Time: 10:00 AM - 11:30 AM
Venue: Online via Zoom
Contact: For more information, please contact the Graduate Research School.
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Weather Based Index Insurance (WBII) products are emerging as an important component of risk management approach. While the use of parametric WBII products continues to grow globally, the uptake of WBII is underutilised. The main purpose of this study to investigate the usefulness and sustainability of WBII products and programs for winter wheat in Australia. 

Building on two national surveys conducted by NFF, the study will (i) examine the use and willingness to pay for WBII products, (ii) assess the utility of the WBII products of 60 farmers by employing financial performance indices, and (iii) evaluate the viability of WBII insurance programs from the re/insurance perspective using risk dispersal model to gauge the sustainability of providing liquidity to the WBII market.

The research outcome will help to provide critical information on the viability of WBII products to hedge extreme weather events.