(Bloomberg) -- As the world’s climate becomes increasingly volatile, businesses that depend on predictable weather are turning to financial products that compensate them when there’s a heat wave, a ...

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 ...

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 ...

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 ...

LONDON (Reuters) - Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on the weather, as they seek to protect themselves against - or ...

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 ...

The weather derivatives market has been characterised by periods of explosive growth followed by severe retrenchment that has left trade volumes today well below the peaks of 2007. Standard vanilla ...

Does your company's bottomline depend a lot on whether the monsoon arrives in India on June 2 or June 8 -- and pours on well and widespread through the season? If so, an end to intermittent angst ...

The business of weather derivatives is growing fast. Unlike weather insurance that deals in extremes like floods, weather derivatives pay out on departures from average conditions. A simple example is ...