Remote sensing applications for insurance: a predictive model for pasture yield in the presence of systemic weather

• Main Authors: Porth, C. Brock, Porth, Lysa, Zhu, Wenjun, Boyd, Milton, Tan, Ken Seng, Liu, Kai
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2022
• Subjects: Business::Finance; Difference Vegetation Index; Drought Insurance
• Online Access: https://hdl.handle.net/10356/160907
• Institution: Nanyang Technological University

A robust predictive model for crop yield is essential for designing a commercially viable index-based insurance policy. Index-based insurance for crops is still at a relatively infant stage, and more research and development is needed in order to address a main limitation, which is referred to as ba...