Introduction to weather trading, weather derivatives and weather risk management

Weather risk management posts from our blog

• India exchange developing weather futures index, after weather derivative approval March 21, 2024
• Weather derivative market activity soars on belief extremes to increase: Report October 11, 2023
• BGC Group launches weather derivatives desk with Ernst hires July 31, 2023
• Star Group weather derivative pays out again on warm 2023 winter June 12, 2023
• Beazley, Arbol team on parametric weather risk, Nephila a capacity source May 25, 2023

To read more visit the Artemis Blog.

Research & reports on weather risk management & weather trading

Weather Risk Management – Australian Financial Markets Association
Australian Financial Markets Association Nov 2002

What every CFO needs to know now about Weather Risk Management
stormexchange.com, CME Group

Weather Derivative – A tool for weather risk hedging
Mrs Anu Jajoo

The transfer of weather risk faced with the challenges of the future
SCOR Global Jun 2012

Coping with Climate Change – risks and opportunities for insurers
The Chartered Insurance Institute 2009

How weather derivatives help prepare for financial storms
Open Markets, CME Group Dec 2013

No snow, no problem
TIME Jan 2012

Come rain or shine
The Economist Feb 2012

How Wall Street got snowed on weather derivatives
CNN Money Jan 2014

What the Intergovernmental Panel on climate change fourth assessment report says about the insurance sector
Walker Institute for Climate System Research

Climate Change: Risks and opportunities for global financial services
Oliver Wyman 2007

Exotic weather derivatives
Ppower Exective

Weather Risk management in the energy sector
DAAAM International 2012

Design and use of weather derivatives in agricultural policies: the case of rainfall index insurance in Morocco
Andrea Stoppa & Ulrich Hess Jun 2003

Is the weather an excuse for retailers’ poor business models and risk management?
Retail think tank Nov 2011

Weather Derivatives: A Risk Management Tool for Weather-Sensitive Industries
The Geneva papers on risk and insurance Apr 2000

Forecast For Weather Derivatives: Hot
DerivativesStrategy.com May 1998

Managing Mother Nature
DerivativesStrategy.com Feb 1999

Weather-related derivatives protect companies from Mother Nature’s toll on earnings
CFO Magazine Aug 1999

Weather Derivatives play vital role in hedging risk
Energy Marketing Sep 1998

What is Weather Risk?
Jack Cogen, PMA Online Magazine May 1998

Weather derivatives and weather trading Frequently Asked Questions
Weather 2000

Raining stats and logs
Lynda Clemmons and Paul VanderMarck Dec 2000

Evolving Weather Risk Market Attracts Growing Number of Participants
Insurance Journal Nov 2000

Waiting For Rain
DerivativesStrategy.com May 2000

Weather derivatives can easily be adapted in India
Vivek Mohindra Sep 1999

Weather Forecasting for Weather Derivatives
The Wharton School Dec 2000

A localised flood
Risk.net Feb 2003

Weather derivatives heading for sunny times
Deutsche Bank Research Feb 2003

Introduction to Weather Derivatives
Geoffrey Considine, Weather Derivatives Group, Aquila Energy

Weather Futures & Options – Financial tools that provide a means of transferring risk associated with adverse weather events
CME Group 2007

Structuring Institutions to Share Local Weather Risk Globally
Jianqiang Hao & Jerry R. Skees, Department of Agricultural Economics Jul 2003

Quadratic hedging of weather and catastrophe risk by using short term climate predictions
Stefan Ankirchner and Peter Imkeller Feb 2008

Dog Days and Degree Days
CME Group 2009

Hedging revenue with weather derivatives
Jan Erik Blom, Norges Handleshoyskole Jun 2009

The transfer of weather risk faced with the challenges of the future
SCOR – Global risk centre Jun 2006

Risk management in agriculture for natural hazards
Jason Hartell, Hector Ibarra, Jerry Skees and Joanna Syroka Dec 2006

The transfer of weather risk faced with the challenges of the future 
Paper by Bernard Finas of SCOR

Hedging revenue with weather derivatives 
Paper by Jan Erik Blom

Dog Days and Degree Days 
Paper by J. Scott Matthews of WeatherEX LLC.

Quadratic hedging of weather and catastrophe risk by using short term climate predictions
Paper by Stefan Ankirchner and Peter Imkeller
First Published Feb 2008

Structuring Institutions to Share Local Weather Risk Globally
Paper by Jianqiang Hao and Jerry Skees
First Published Jul 2003

European Weather Derivatives
Paper from the Institute of Actuaries
First Published 2002

Weather Futures & Options – Financial tools that provide a means of transferring risk associated with adverse weather events
Article from the CME
First Published Nov 2007

Introduction to Weather Derivatives
Article by Geoffrey Considine

Weather to Hedge
Article by Valerie Cooper of the Weather Risk Management Association

Weather derivatives heading for sunny times
Article from Deutsche Bank Research
First Published February 2003

A localised flood
Article from Asia Risk Magazine
First Published February 2003

Weather Derivatives: A Beginner’s Guide
Article from Energy Power and Risk Management
First Published August 2001

New Swaps Hedge Weather and Financial Risks
Article from Allianz Global Risks Report
First Published January 2002

Weather Forecasting for Weather Derivatives
Paper from The Warton Financial Institutions Center

The Weather (Derivatives) Report
Article from Risk Management Magazine

Weather – The European Derivatives Market
Article from erivativesreview

Weather derivatives can easily be adapted in India
Article from the Financial Express

Waiting For Rain
Article from Derivatives Strategy

Evolving Weather Risk Market Attracts Growing Number of Participants
Article from Insurance Journal

Sunshine Online
Article from erivativesreview.com

Raining stats and logs
Article by Lynda Clemmons of Element Re and Paul Vandermarck of RMS

The European Weather Derivatives Market
Article from erivativesreview.com

Weather derivatives and weather trading Frequently Asked Questions
An informative FAQ from Weather 2000

What is Weather Risk?
Article by Jack Cogen, President Natsource Inc.

Weather Derivatives play vital role in hedging risk
Article from Earth Satellite Corporation

Weather-related derivatives protect companies from Mother Nature’s toll on earnings
Article from CFO Magazine

Managing Mother Nature
Article from Derivatives Strategy Magazine

Forecast For Weather Derivatives: Hot
Article from Derivatives Strategy Magazine