Whatever happened to weather risk securitization?
29th September 2011The weather derivatives market has been growing steadily with data from the Weather Risk Management Association (WRMA) showing that the overall market grew by 20% in the 2010 to 2011 year to a total size of $11.8 billion. The WRMA said that the OTC weather derivatives market alone is worth $2.4 billion. With numbers like […]
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