Indian economy is an agrarian one, wherein as much as almost 20 % of the GDP is wiped out during a year of bad monsoon. Research shows, more than 80% of the business activity in the world is dependent ...

There can be as many types of weather derivatives as there are types of weather conditions. Some of these weather derivatives are becoming very popular in international financial markets. It might ...

The emergence of weather derivatives has also been ably aided by the advancement of technology, which helped the players to appropriately measure risks. While the government is striving hard to ...

Simply sign up to the Climate change myFT Digest -- delivered directly to your inbox. Many assumed that weather derivatives had disappeared with Enron, and that these financial instruments were but a ...

Fluctuating temperatures can negatively impact firms, especially power utilities that can lose revenue if a particular season turns out to be warmer or cooler than anticipated. Renewable generation is ...

The extreme weather of the past several weeks — from ice storms to blizzards to subzero temperatures — has undoubtedly had a harsh impact on the U.S. economy. From commodity producers to job creators, ...

Johannesburg — BETTING on the weather has taken on a whole new meaning with the launch yesterday by investment bank Gensec of the first weather derivatives available to the SA market. Unlike insurance ...