weather derivatives

A newly launched data service from MDA Information Systems, Inc. and Riverside Technology, inc. aims to enhance hydroelectric energy providers access to information and data about water supply and forecasts which could help them to better understand and then hedge their risks. The web-based subscription service known as the Weather and Hydrology Information Portal (WHIP) […]

The Asian Development Bank has published a report today on the topic of climate change, adaptation and the expected surge in migration that the variations in our climate will likely cause. The report, titled Addressing Climate Change and Migration in Asia and the Pacific, highlights that 42 million people in the region were displaced by […]

The Indian financial markets have been pushing for regulation to be introduced that would allow for the use of commodity options and derivatives, including weather derivatives, has been under way for nearly two years now. We’ve written about this previously, here and here, with the latter article discussing moves by the Associated Chambers of Commerce […]

Last week was particularly busy for news and saw some popular stories on Artemis. Here’s our Monday morning chance for you to catch up on the most viewed articles of the last week. This update includes news of the biggest longevity swap deal transacted to date, the launch of a new cat bond pricing tool, […]

Incisive Media publications Risk and Energy Risk have again published the results of an annual survey where they ask readers and market participants for their opinions on who are the leading commodity dealers and brokers in various categories of relevant markets. One of the sectors they poll on is the weather derivative market which is […]

We’re now into February and we’d like to thank our readers for their support as we’ve had a record number of visitors in January, a great start to 2012. The last week has been busy with more cat bond and ILS deals completing and upsizing, discussion of the ILW markets and more predictions for the […]

The Chicago Mercantile Exchange (CME), which is the main location that weather futures and derivatives are traded, has experienced a significant drop in the volume of contracts traded across the exchange during 2011 when compared to the prior year. The CME has been experiencing good growth each year but 2011 saw a decline in volumes […]

The UK’s Guardian newspaper reports that some of the local councils in the UK (local government authorities) are seriously looking at weather derivatives as a way to hedge the excess costs of severe winter weather. The UK has been hit by two severely cold winters with unusual amounts of snow and ice in recent years, […]

Thailand’s Securities & Exchange Commission may look to weather derivatives as a mechanism to allow investors to hedge the risks of disasters like this years record floods. According to Bloomberg, the Thai regulator is exploring the possibility of bringing water derivatives or rainfall derivatives to market to enable away for protection to be bought and […]

The renewable energy sector need to improve the way the way they manage risk and look to a broader range of alternative risk transfer products to mitigate growing financial and operational risks, according to a fascinating new report from the Economist Intelligence Unit and reinsurer Swiss Re. The report is based on a survey of […]