for each of the risks above identify one (1) contingency plan you could put in place to mitigate or lessen the risk
Weather Derivative Risks
In 1999 six charter members including Aquila Power Company, Castlebridge Partners, Enron Capital and Trade Associates, Koch Industries, Southern Company Energy Marketing, and Swiss RE New Markets founded the Weather Risk Management Association (WRMA) as the industry association for weather risk management professionals. WRMA’s goal as a 501 (c) 6 trade association is to enhance public awareness of the weather risk industry and promote the growth and general welfare of the weather risk market.