Remote sensing in an index-based insurance design  for hedging economic impacts on rice cultivation

Valverde-Arias, Omar Roberto; Esteve, Paloma; Tarquis, Ana María; Garrido, Alberto

doi:https://doi.org/10.5194/nhess-20-345-2020

Articles | Volume 20, issue 1

https://doi.org/10.5194/nhess-20-345-2020

© Author(s) 2020. This work is distributed under
the Creative Commons Attribution 4.0 License.

Special issue:

Remote sensing, modelling-based hazard and risk assessment,...

https://doi.org/10.5194/nhess-20-345-2020

© Author(s) 2020. This work is distributed under
the Creative Commons Attribution 4.0 License.

Articles | Volume 20, issue 1

Research article

|

28 Jan 2020

Research article |

| 28 Jan 2020

Remote sensing in an index-based insurance design for hedging economic impacts on rice cultivation

Omar Roberto Valverde-Arias, Paloma Esteve, Ana María Tarquis, and Alberto Garrido

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Final revised paper (published on 28 Jan 2020)
Preprint (discussion started on 18 Jul 2019)

Interactive discussion

Status: closed

AC: Author comment | RC: Referee comment | SC: Short comment | EC: Editor comment

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- Supplement

RC1: 'Review - Possible paper improvements', Anonymous Referee #1, 13 Aug 2019
- AC1: 'Response to reviewer 1's comments', Omar Valverde Arias, 01 Nov 2019
RC2: 'Within the objectives of the journal', Anonymous Referee #2, 14 Sep 2019
- AC2: 'Response to reviewer 2's comments', Omar Valverde Arias, 01 Nov 2019

Peer-review completion

AR: Author's response | RR: Referee report | ED: Editor decision

ED: Reconsider after major revisions (further review by editor and referees) (03 Nov 2019) by Paolo Tarolli

AR by Omar Valverde Arias on behalf of the Authors (04 Nov 2019) Author's response Manuscript

ED: Referee Nomination & Report Request started (10 Nov 2019) by Paolo Tarolli

RR by Anonymous Referee #1 (15 Nov 2019)

RR by Anonymous Referee #2 (08 Dec 2019)

ED: Publish as is (20 Dec 2019) by Paolo Tarolli

Short summary

We designed an index-based insurance (IBI) for drought and flood in rice crops in Babahoyo (Ecuador). We assessed Babahoyo's soil, climatic and topographic variability, finding two homogeneous zones inside this area. We set differentiated insurance premiums according to the particular risk status of each zone. Results demonstrate that this IBI is an efficient risk transfer tool for policyholders. This insurance design could contribute to stabilizing farmers' incomes and rice production.