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Author:Triana, P.
Title:Are you covered?
Journal:European business forum EBF
2006 : AUTUMN, 26, p. 50-55
Index terms:derivative securities
risk management
Freeterms:weather derivatives
Language:eng
Abstract:This article discusses the global market for weather derivatives, which is becoming increasingly mature. According to the authors, weather derivatives can help companies hedge against a wide variety of weather-related risks, such as heat, frost, rainfall, drought and storms. Firms are coming under pressure from banks and analysts to begin hedging against weather risks. It is argued that managers should consider weather derivatives as an important part of their risk-management strategy.
SCIMA record nr: 263039
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