The $15 billion weather derivatives market has helped companies manage bottom line exposure to the weather for more than a decade. This includes major weather events like hurricane Sandy.
Nick Ernst, Director of Weather Derivative Markets at Evolution Markets, is featured in a story on Marketplace Radio highlighting the weather market and how companies are trading weather derivatives to manage risk associated with weather trends -- and weather events such as Sandy.
You can listen to the story HERE.
To learn more about weather derivative markets, please contact our Weather desk at: +1 914.323.0260.