weather derivatives

The increasingly changeable and unpredictable climate is exactly what weather hedging, using instruments such as weather derivatives, was designed to protect companies against. Weather risk management can hep you protect your bottom line if you’re a business who stands to lose if the weather varies from historical norms. Most of the time it works very […]

CelsiusPro AG, the Swiss-based weather risk management specialist, are continuing their push into the construction sector through a new partnership with the Irish Construction Industry Federation (CIF). This follows their previous partnerships which saw them team up with construction organisations in the UK and the Netherlands to help them promote their weather risk products to […]

Our good friends at Environmental Finance have again opened the voting in their annual market survey. The survey allows you, the markets participants, to vote for the best brokers, banks, finance houses, law firms and consultants in the carbon, renewable energy, US emissions, and weather and catastrophe risk markets.

Weatherbill, a company we have written about many times who offer weather insurance products linked to actual weather conditions and often underwritten by weather derivatives trading, have decided to change their company name to better reflect their mission to help the world’s people and businesses adapt to climate change. The company will now be called […]

The 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 […]

The weather risk market demonstrated its diversity and growth at the recent Weather Risk Management Association (WRMA) 12th Annual European Meeting in Dusseldorf, Germany. Over ninety weather risk professionals from six continents and seventeen countries attended, demonstrating continuing global interest in weather risk hedging and making it the most diverse WRMA event yet.

Newly proposed regulations from the U.S. Internal Revenue Service (IRS) could change the way certain over-the-counter derivative transactions are treated for taxation purposes. The proposal would generally allow for OTC derivatives which are based on objective non-financial information to qualify as notional principal contracts (NPC’s).

The weather risk management market is maturing as the methods used to hedge and trade the weather evolve into tools which address new types of risk and attempt to mitigate the effects of a changing climate. The Weather Risk Management Association (WRMA) has been at the core of the market since its launch in 1999, […]

CelsiusPro AG, the Swiss-based weather risk management specialist, has teamed up with Aon Benfield Securities to offer weather risk cover to the UK construction industry. CelsiusPro have partnered with the UK’s largest construction trade association, the Federation of Master Builders, giving them access to much of the UK’s construction industry.

Environmental Finance, the monthly magazine covering the impact of environmental issues on lending, insurance, investment and trading decisions, have published an interesting news article on the weather derivatives market today. The article shows that the recent hot weather across the U.S., which resulted in the fourth warmest July on record, has impacted weather derivatives trading […]