Magazine article from our research archive:
|
|
WEATHER DERIVATIVES AND WEATHER RISK MANAGEMENT
- Article from:
-
Risk Management and Insurance Review
- Article date:
-
April 1, 2005
- Author:
-
;
;
|
Copyright informationCopyright American Risk and Insurance Association, Inc. Spring 2005. Provided by ProQuest LLC. (Hide copyright information)
|
ABSTRACT
Weather derivatives are a relatively recent kind of financial product developed to manage weather risks, and currently the weather derivatives market is the fastest-growing derivative market. The development of weather derivatives represents one of the recent trends toward the convergence of insurance and finance. This article presents an overview of weather risks, weather derivatives, and the weather derivatives market, and examines the valuation of weather derivatives in an incomplete market, the hedging effectiveness of standardized weather derivatives, as well as optimal weather hedging with the consideration of basis risk and credit risk.
INTRODUCTION
Weather derivatives, ...
Related newspaper, magazine, and journal articles:
|
A Hot (and Cold) New Investment Opportunity; Weather-Sensitive Firms Can...
The Washington Post;
July 4, 1998 ;
700+ words
......something new -- weather derivatives. Potential...ways to hedge weather risks, said Lynda...portfolio of weather risks." Since last...in about 170 weather-derivatives transactions...specified levels. Weather derivatives...broker in the weather ...
|
|
Derivatives offer weather protection
Canadian Underwriter;
September 1, 1998 ;
698 words
......protection against weather exposures. The weather derivatives market launched in 1997 - offers...determining the ups and downs of weather derivatives is the actual weather affecting...following example shows the value of weather derivatives to the business community. An amusement...
|
|
BETTER THINGS TO DO
Rough Notes;
September 1, 2004 ;
700+ words
......to reclassify weather derivatives on target or...asserts that weather derivatives are really insurance...to reclassify weather derivatives, let's take a quick look at how weather derivatives came into being...protection for some weather risks that were ...
|
|
Weather forecasting for weather derivatives.
Journal of the American Statistical Association;
March 1, 2005 ;
700+ words
...1. INTRODUCTION Weather derivatives are a fascinating new type...In 1997, the market for weather derivatives was nonexistent. In 1998...interesting considerations make weather derivatives different from standard...
|
|
Pricing weather derivatives.
American Journal of Agricultural Economics;
November 1, 2004 ;
700+ words
...Weather derivatives are contingent securities that...agribusinesses of all types, weather derivatives are a potentially valuable tool...there are many benefits to using weather derivatives to manage risk. First, in order...
|
|
Developing a market for bad weather Derivatives allow companies that are...
International Herald Tribune;
August 16, 2003 ;
700 words
......money. The fledgling market for weather derivatives is expanding rapidly, they say...nasty weather is only going to help. Weather derivatives allow companies whose earnings are...the Chicago Mercantile Exchange. Weather derivatives were introduced six years ago and...
|
|
Indifference pricing of weather derivatives.(Report)
American Journal of Agricultural Economics;
November 1, 2008 ;
700+ words
......sector are affected by weather risks. In the past, the answer of producers to such bad-weather risks was to buy insurance...in the mid-1990s with weather derivatives, a class of financial...effectiveness of agricultural weather derivatives, as well as the ...
|
|
Handling weather related risks through the financial markets:...
Journal of Risk and Insurance;
June 1, 2007 ;
700+ words
......financial consequences of weather risks. What is a weather related...such risks and hedge weather risks caused by noncatastrophic...prespecified stock index. Weather derivatives appeal to businesses...models, the issuers of weather derivatives can be an ...
|
|
Weather derivatives provide umbrella
Chicago Sun-Times;
August 12, 2001 ;
555 words
......Aquila are part of the $2.5 billion weather derivatives market, based on nominal contract...Weather, one of the two biggest U.S. weather derivatives brokers. "From now on, there will...weather portfolio manager and head of weather derivatives group for Kansas City, Mo.-based...
|
|
Weather contracts launched.
Financial News;
November 26, 2001 ;
624 words
......exchanges are rolling out listed weather derivatives contracts in a bid to capitalise...are both launching their first weather derivatives contracts. Liffe will in early December...Alex Schippers, ABN Amro's head of weather derivatives who recently completed the largest...
|
|
Weathertrade, Inc. Creates tradeweather.com - First On-Line Trading System...
PR Newswire;
September 7, 1999 ;
563 words
......to temperature and precipitation weather derivatives. Currently in its final stage of...ultimately, shortfalls in profit. Weather derivatives provide protection for these businesses...are looking to reach the world of weather derivatives, says Pat Patterson, President of...
|
|
BETTING ON THE FORECAST STARTUP FIRM OFFERS FINANCIAL HEDGE AGAINST BAD...
The Cincinnati Post (Cincinnati, OH);
June 11, 2007 ;
700+ words
......employees, sells what are called weather derivatives -- contracts that pay out in cash...of heat, cold, rain or drought. Weather derivatives have mostly been available to very...And some observers caution that weather derivatives are too complicated and risky for...
|
|
Tradeweather.com Announces the Start of Trading.
PR Newswire;
January 18, 2000 ;
415 words
......On-Line Trading System Dedicated to Weather Derivatives - NEW YORK, Jan. 18 /PRNewswire...system dedicated to a wide variety of weather derivatives, including temperature and precipitation...ultimately, shortfalls in profit. Weather derivatives provide protection for these ...
|
See all results.
Or, try our
Advanced Search.
|