Insurance Post

Reinsurers learn to test the temperature.

You may not be able to predict the weather, but you might be able to hedge against severe weather events. Robert Muir-Wood explains the weather risk market.

The weather risk market took off at the end of 1997 and the volume of
traded swaps and options last year exceeded $1bn in an estimated 800
individual transactions.


This burst of activity was triggered by

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