The Impact of Climate Risk on the Insurance Decisions of Agricultural Enterprises

DOI

10.2991/978-94-6463-980-3_19How to use a DOI?

Keywords

Climate risk; Agricultural insurance; Heterogeneity

Abstract

Against the backdrop of escalating global climate change, climate risk has increasingly affected agricultural production. This study analyzes how climate risk influences insurance decisions of agricultural firms, using data from 304 Chinese agricultural enterprises between 2011 and 2022.The empirical findings indicate that climate risk significantly influences agricultural enterprises’ insurance decisions, with varying impacts observed across different types of extreme climate events. This study suggests policy recommendations to enhance risk early-warning systems, optimize agricultural insurance product design, and increase government support, aiming to advance the insurance system and promote sustainable agricultural development.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Ruonan Xi
AU  - Zhenxian An
AU  - Jiayuan Peng
AU  - Xinyu Sheng
AU  - Qianting Ma
PY  - 2025
DA  - 2025/12/26
TI  - The Impact of Climate Risk on the Insurance Decisions of Agricultural Enterprises
BT  - Proceedings of the 2025 5th International Conference on Business Administration and Data Science (BADS 2025)
PB  - Atlantis Press
SP  - 202
EP  - 210
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-980-3_19
DO  - 10.2991/978-94-6463-980-3_19
ID  - Xi2025
ER  -