Second Symposium on Environmental Applications

10.3

Weather Derivatives-Weather Impacts and the World of Finance

Jon B. Davis, Salomon Smith Barney, Chicago, IL

The role that weather plays in the financial world is discussed. The new financial vehicle known as "weather derivatives" is explained. The dynamics of weather derivatives and how they operate are presented. Users of weather derivatives are described.

Session 10, Wx Derivatives
Thursday, 13 January 2000, 1:30 PM-4:45 PM

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