Weather risk management

Author:Carole Edrich
Position:KAI Corporation (Risk), PO Box 21729, London E11 2WF, UK; tel: +44 (0)20 8530 3933; fax: +44 (0)20 8530 6593; e-mail: cedrich@kaicorporation.com
SUMMARY

This paper on weather risk management products examines how and why they were initially developed, why they are different to other risk products, their coverage and structure, and how weather product trading has grown. Since weather derivatives are usually structured in the same way as insurance, options or futures contracts, all of which are subject to regulators, the regulatory context is also... (see full summary)


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