RT Conference Proceedings
T1 Application of extreme value theory to hail risk assessment and management: a study in spanish wine grapes insurance
A1 Vilar Zanón, José Luis
A1 Zhou, Nan
AB Spanish crop insurance is a remarkably well-organized business organized around the coinsurance pool Agroseguro. Concerns on management in Spanish Crop insurance system have arisen motivated by the scientific discussion on climatic change. Linking this climate change to the evolution of key insurance figures, like premiums or, has become an important research for insurance industry. Before the above-mentioned task, the evolution of the severities extreme behavior must be investigated to enlighten tendencies.We consider hail risk particularized to the line of Spanish wine grapes. We assess its evolution using data collected from 1990 to 2022. We are interested in extreme behavior, so we apply Extreme Value tools to study the asymptotic evolution of the excesses over thresholds. We analyze the evolution through the years of the thresholds and the characteristics of the asymptotic distribution of the excesses.
YR 2023
FD 2023-11-11
LK https://hdl.handle.net/20.500.14352/101682
UL https://hdl.handle.net/20.500.14352/101682
LA eng
NO Vila-Zanón, J.L., Zhou, N. (2023):Application of Extreme Value Theory to hail risk assessment and management: a study in Spanish wine grapes insurance. SEIO 2023. DOI: 10.13140/RG.2.2.34395.75046
NO Ministerio de Ciencia e Innovación (Gobierno de España)
DS Docta Complutense
RD 27 sept 2024