Weather risk: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACT ICM material p 17.6.) |
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Revision as of 11:46, 28 March 2016
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:
- 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