Weather derivatives the alternative of insurance
| Authors | |
|---|---|
| Year of publication | 2009 |
| Type | Article in Proceedings |
| Conference | Szanse i zgrozenie dla rynkow ubezpieczen w krajach Europy Srodkowej i Wschodniej |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | Weather derivatives, HDDs, CDDs, hedging, option, weather |
| Description | This proceeding deals with problems of weather derivatives. New financial instruments to insure against risks related with weather fluctuation. In this proceeding main characteristics of weather derivatives will be introduced. The main advantages and disadvantages of weather derivatives will be shadowed and its function will be applied in a particular example. Main differences between insurance with traditional insurance products and weather derivatives will be mentioned at the end of proceeding. |