Weather risk: Difference between revisions
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imported>Doug Williamson (Split into two sentences.) |
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[[Category:Financial_risk_management]] |
Latest revision as of 16:32, 28 February 2018
Weather risk is the extent to which a business is exposed to adverse weather conditions.
This risk can span a broad category of events such as:
- Making transportation difficult or impossible, e.g. volcanic ash eruptions
- Rendering working conditions dangerous, e.g. severe storms
- Affecting product demand, e.g. unusually cool summers