by AIP Online Bureau | May 20, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
India’s National Commodity and Derivatives Exchange (NCDEX) will launch the country’s first exchange-traded weather derivatives contract on June 1, allowing participants to hedge financial exposure arising from fluctuations in the rains in Mumbai. NEW...
by AIP Online Bureau | Oct 11, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Weather derivatives let buyers hedge against the risk that the weather will damage their business. Unlike insurance, where companies must prove they have suffered a loss, they pay out based on indexes. These might track the temperature in Paris or rainfall in New York...
