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Use of weather derivatives surges as extreme climate events rock the globe | Hellenic Shipping News Worldwide

Use of weather derivatives surges as extreme climate events rock the globe | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Use of weather derivatives surges as extreme climate events rock the globe

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 profit from - the.

Analysis-Use of weather derivatives surges as extreme climate events rock the globe By Reuters

Analysis-Use of weather derivatives surges as extreme climate events rock the globe By Reuters
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Use of weather derivatives surges as extreme climate events rock the world

Unlike insurance, where companies must prove they have suffered a loss, weather derivatives pay out based on indexes. Read more at straitstimes.com.

Analysis-Use of weather derivatives surges as extreme climate events rock the globe

Analysis-Use of weather derivatives surges as extreme climate events rock the globe
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