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2Holding-Konzept
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Weather Derivatives formatIsbn:Softcover - 9781489985347 2Holding-KonzeptWeather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to minimize risk associated with adverse or unexpected weather conditions. Just as traditional contingent claims, a weather derivative has an underlying measure, such as: rainfall, wind, snow or temperature. Nearly $1 trillion of the U. S. economy is directly exposed to weather related risk. More precisely, almost 30% of
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