Weather risk: Difference between revisions

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imported>Doug Williamson
(Create the page. Source: ACT ICM material p 17.6.)
 
imported>Doug Williamson
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Weather risk is the extent to which a business is exposed to adverse weather conditions and it can span a broad category of events such as:
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
*Making transportation difficult or impossible, e.g. volcanic ash eruptions
*Rendering working conditions dangerous, e.g. severe storms
*Rendering working conditions dangerous, e.g. severe storms
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* [[Rewarded risk]]
* [[Rewarded risk]]
* [[Systems risk]]
* [[Systems risk]]
[[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


See also