Weather Risk Management

Demand for weather risk management tools – futures, derivatives and insurance – continues to be strong worldwide especially with the entry of a whole range of players including weather hedge funds.

£125.00
Availability: In stock
ISBN
9781904339687
 

Weather is the single most important factor in influencing price volatility, volume fluctuations and revenues for an estimated 80% of global business activity. In effect, weather risk is becoming just as important as interest rate risk and exchange rate risk in its affect on your business revenues and bottom line.

Furthermore disaster hedging by developing nations is set to be a human success story of the 21st century in the weather derivatives arena. Poor countries are actively employing these tools (with the help of aid agencies and multilateral organizations) to protect themselves from drought-induced malaise and to facilitate agricultural insurance to their farmers.

Weather Risk Management brings together a collection of experts on the subject to look at this changing area, the strategies and innovations and features detailed studies on agriculture and energy.

More Information
ISBN 9781904339687
Navision code MWRM
Publication date 1 Mar 2010
Size 155mm x 235mm
Write Your Own Review
You're reviewing:Weather Risk Management
Your Rating

Kenny Tang

Weather is the single most important factor in influencing price volatility, volume fluctuations and revenues for an estimated 80% of global business activity. In effect, weather risk is becoming just as important as interest rate risk and exchange rate risk in its affect on your business revenues and bottom line.

Furthermore disaster hedging by developing nations is set to be a human success story of the 21st century in the weather derivatives arena. Poor countries are actively employing these tools (with the help of aid agencies and multilateral organizations) to protect themselves from drought-induced malaise and to facilitate agricultural insurance to their farmers.

Weather Risk Management brings together a collection of experts on the subject to look at this changing area, the strategies and innovations and features detailed studies on agriculture and energy.

SECTION 1: INTRODUCTION

Introduction to Weather Risk Management

Kenny Tang

Oxbridge Weather Capital

Living in Interesting Times - Critical Risks and Risk Management

Scott Foster

Nomad Energy Consulting

SECTION 2: WEATHER RISK MANAGEMENT AND HEDGING STRATEGIES

Evolution of Weather Derivatives and Contract Types

Pablo Triana

The Development of the Weather Derivatives Market in India

Janani Akhilandeswari

Centre for Insurance and Risk Management

Weather Derivatives and Insurance: Critical Legal Distinctions

Andrea Kramer

McDermott Will & Emery

SECTION 3: SECTOR STUDIES IN AGRICULTURE AND ENERGY

Index Insurance for Agriculture in Developing Countries: Moving Beyond Pilots

Erin Bryla and Joanna Syroka

The World Bank; United Nations World Food Programme

Rainfall Insurance in Semi-Arid India: Contract Design, Household Participation and Future Prospects

Xavier Giné, Robert Townsend, James Vickery

The World Bank; MIT Economics Department; Federal Reserve Bank of New York

Preparing for a rainy day: Weather-based financial risk management solutions for the agricultural markets

Sandeep Ramachandran

Swiss Re

Managing combined weather and price risk for the energy industry - hedging considerations

Thomas Kamman

Swiss Re

SECTION 4: INNOVATIONS IN RISK MANAGEMENT

Genuine Alpha, Perfect Security - Reaffirming ILS Rationales

Morton Lane

Lane Financial LLC

Managing Catastrophic Risk - Beyond Cat Bonds

Steve E Smith

Willis Re

CERVO: Community Early Recovery Voucher Scheme for Catastrophic Weather Disaster Hedging

Ulrich Hess, Niels Balzer, Sandro Calmanti, Michael Portegies-Zwart

United Nations World Food Programme

Managing weather risk in a changing climate – opportunities from the developing science

Matt Huddleston

Met Office