The Inspiration for Guizhou Province from the Domestic and Foreign Experiences of Weather Index Insurance Development

摘要

This paper introduces the development experience of the weather index insurance in developing countries as well as some domestic provinces and cities. It also analyzes some problems in the implementation of weather index insurance such as the difficulties in the product design, the pricing risk handling, the low purchase intention, the imperfect legal issues and so on. Finally, the paper proposes some advices for the implement of weather index insurance in Guizhou from several aspects like improving the research work, the financial support, the relevant legal issues etc.