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"Although end-users seem slow to enter the weather space, hedge funds already see it as a hotspot"

Weather forecasters are already warning that this year’s Atlantic hurricane season is set to be the most active on record. Starting earlier than usual, seven named storms slammed into the Caribbean and Gulf of Mexico between June and July.

But extreme weather isn’t confined to hurricanes. A huge area stretching from coast to coast in the US endured the most intense heatwave on record in July

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