Weather Risk Management - Market, Products and Applications

Zusatztext '...the first comprehensive work covering a new field that has considerable potential...' - David A. Portman! Bulletin of the American Meteorological Society Informationen zum Autor Written by a team from Element Re, a pioneering group formerly with Enron who helped create the weather derivative market. Edited by ERIK BANKS, also of Element Re and formerly with Merrill Lynch, author of numerous texts on the derivatives and credit markets for Macmillan. Klappentext The definitive guide to the rapidly expanding weather risk management market. The US Department of Commerce estimates that nearly 10% of the US's $9 trillion GDP is exposed to weather risk. All over the world providers and end users are recognizing this fact and are turning their attention to ways of protecting against or taking advantage of changes in the weather. The market is expected to expand rapidly and is one of the fastest areas of growth in the financial arena. Zusammenfassung The definitive guide to the rapidly expanding weather risk management market. All over the world providers and end users are recognizing this fact and are turning their attention to ways of protecting against or taking advantage of changes in the weather. Inhaltsverzeichnis PART 1: THE WEATHER MARKET Introduction to Weather Risk Management Weather Fundamentals The Economics of Weather PART 2: MARKET PARTICIPANTS Providers End Users PART 3: RISK MANAGEMENT MARKETS, PRODUCTS AND STRATEGIES Underlying Markets and Indexes Risk Products Risk Strategies and Modeling Data Legal and Regulatory Issues Finance and Accounting Treatment Risk Considerations Glossary Appendices Index References

List of contents

PART 1: THE WEATHER MARKET Introduction to Weather Risk Management Weather Fundamentals The Economics of Weather PART 2: MARKET PARTICIPANTS Providers End Users PART 3: RISK MANAGEMENT MARKETS, PRODUCTS AND STRATEGIES Underlying Markets and Indexes Risk Products Risk Strategies and Modeling Data Legal and Regulatory Issues Finance and Accounting Treatment Risk Considerations Glossary Appendices Index References

Report

'...the first comprehensive work covering a new field that has considerable potential...' - David A. Portman, Bulletin of the American Meteorological Society

Product details

• Authors: Erik Banks
• Assisted by: Banks (Editor), E Banks (Editor), E. Banks (Editor), Erik Banks (Editor)
• Publisher: Palgrave UK
• Languages: English
• Product format: Hardback
• Released: 07.11.2001
• EAN: 9780333972250
• ISBN: 978-0-333-97225-0
• No. of pages: 384
• Series: Finance and Capital Markets; Finance and Capital Markets Series; Finance and Capital Markets; Finance and Capital Markets Series
• Subjects: Natural sciences, medicine, IT, technology > Geosciences > Miscellaneous; Social sciences, law, business > Business > Management; Marketing, Management, B, Market research, Finance, Corporate Finance, Operations Management, risk management, capital market, capital markets, Management & management techniques, Sales & marketing, Business Finance, Management science, Management of specific areas, Production management, Palgrave History Collection, Business enterprises—Finance, accounting;derivatives;management;risk management;strategy