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Worsening Weather Is Igniting a $25 Billion Market - Vimarsana News

Worsening Weather Is Igniting a $25 Billion Market

(Bloomberg) -- Marty Malinow's mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimmi

Source: yahoo.com
Use of weather derivatives surges as extreme climate events rock the globe - Vimarsana News

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...

Weather derivative market activity soars on belief extremes to increase: Report - Vimarsana News

Weather derivative market activity soars on belief extremes to increase: Report

The weather derivatives market has seen activity levels roughly quadruple this year, as trading in weather futures and options on the Chicago Mercantile

Source: artemis.bm
Use of Weather Derivatives Surges as Extreme Climate Events Rock the Globe - Vimarsana News

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

SUPPLEMENTAL HURRICANE INSURANCE NOW AVAILABLE ONLINE - Vimarsana News

SUPPLEMENTAL HURRICANE INSURANCE NOW AVAILABLE ONLINE

Vortex offers first-of-its-kind supplemental hurricane coverage for small and medium-sized businessesOVERLAND PARK, Kan., June 20, 2023 /PRNewswir...