Comment
Take care before using
The ambitious weathergirl played by Nicole Kidman in the recent Hollywood film ‘To Die For’ needn’t have killed to get ahead. She could have gone to work for one of the many US energy companies which employ their own weather experts.

Forecasters
Outlook good for weathermen
The new requirement for every energy company (and some banks) – a weather forecaster. David Turner reports

Derivatives market
A cure for power price spikes?
Traders can’t decide if weather instruments could have moderated this summer’s US power crisis. Jane Locke investigates

Options pricing
Black-Scholes won’t do
So what is the right way of pricing weather options? Bob Dischel looks at the alternative

Case study
A remedy for bad weather
A textbook example of weather derivatives in action. Richard Stavros talks to Wisconsin Gas

Weather-linked bonds
Pricing Mother Nature
Weather risk management is 700 years old but experts are still arguing over how to price weather-linked bonds. Eric Briys writes

Insurance
The insurers move in
Insurers are taking up derivatives, banks are taking up insurance and nowhere more so than in the weather market, writes Richard Bernero

Investment products
A tool for all trades
Instruments based on the weather can increase your investment returns. David KA Mordecai explains

Weather Risk glossary
Clearing away the clouds
Idavid Turner explains weather risk terms used in these articles.