Weather risk management is a type of risk management done by organizations to address potential financial losses caused by unusual weather.
Read more about Weather Risk Management: Overview, Market Participants, Further Reading
Famous quotes containing the words weather, risk and/or management:
“Whenever the weather licks the pilot instead of him lickin’ the weather, he’s finished. The first time makes the second time easier. And the first thing he knows, he’s in trouble when the weather is perfect.”
—Frank W. Wead (1895?–1947)
“It cannot in the opinion of His Majesty’s Government be classified as slavery in the extreme acceptance of the word without some risk of terminological inexactitude.”
—Winston Churchill (1874–1965)
“The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.”
—Catherine E. Beecher (1800–1878)