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weather risk

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  • Weather risk management — is a type of risk management done by organizations to address potential financial losses caused by unusual weather.OverviewEnergy, agriculture, transportation, construction, municipalities, school districts, travel, food processors, retail sales… …   Wikipedia

  • Weather derivatives — are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. The difference from other derivatives is that the underlying …   Wikipedia

  • Weather forecasting — weather forecaster redirects here. For other uses, see Weatherman (disambiguation). Forecast of surface pressures five days into the future for the north Pacific, North America, and north Atlantic ocean. Weather forecasting is the application of… …   Wikipedia

  • Risk management — For non business risks, see risk, and the disambiguation page risk analysis Example of risk management: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment,… …   Wikipedia

  • weather forecasting — Prediction of the weather through application of the principles of physics and meteorology. Weather forecasting predicts atmospheric phenomena and changes on the Earth s surface caused by atmospheric conditions (snow and ice cover, storm tides,… …   Universalium

  • Risk Management Solutions — Infobox Company company name = Risk Management Solutions Inc company company slogan = Providing solutions to quantify and manage catastrophe risk. foundation = 1988 location = key people = Hemant H. Shah: President CEO Stephen I. Robertson: CFO… …   Wikipedia

  • Weather Derivative — An instrument used by companies to hedge against the risk of weather related losses. The investor who sells a weather derivative agrees to bear this risk for a premium. If nothing happens, the investor makes a profit. However, if the weather… …   Investment dictionary

  • risk — 1. noun a) A possible, usually negative, outcome, e.g., a danger. There was also a degree of complacency that the weather in the country was not good enough to present a health risk. b) The …   Wiktionary

  • National Severe Weather Warning Service — The National Severe Weather Warning Service (shortened NSWWS) is a service produced by the UK Met Office which informs the public of the United Kingdom of severe weather which may damage the country s infrastructure and endanger lives. It is… …   Wikipedia

  • Severe weather terminology (United States) — This article describes the United States National Weather Service (NWS) severe weather terminology. The NWS defines precise meanings for nearly all its weather terms. This article describes NWS terminology and related NWS weather scales. Some… …   Wikipedia

  • Alternative Risk Transfer — (often referred to as ART) is the use of techniques other than traditional insurance and reinsurance to provide risk bearing entities with coverage or protection. The field of ART grew out of a series of insurance capacity crises in the 1970s… …   Wikipedia

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