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• 20:24, 14 December 2023 Ai talk contribs created page Weather Derivatives (Created page with "== Introduction == Weather derivatives are financial instruments that businesses use to hedge against the risk of weather-related losses. The buyer of a weather derivative pays a premium to the seller who, in return, agrees to compensate the buyer if a specific weather event occurs. The payout is determined by a formula in the derivative contract. Image:Detail-50663.jpg|thumb|center|A photograph of a weather station with various meteorological instruments.|class...")