Bright forecast for weather derivatives

Weather derivatives have experienced a long incubation stage since their introduction ten years ago. But this year, the slow maturation has shot up into healthy growth. From April 2005 to March 2006, the notional value of weather derivatives jumped fivefold to $45.2 billion, according to the Weather Risk Management Association (WRMA). And some analysts are optimistically forecasting a market in the trillions of dollars.

Brian O'Hearne, managing director of environmental and commodity markets at

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here