For companies in different industries, considerable operational risks go hand-in-hand
with specific weather events. Two examples: frosty days can upset the plans of construction
companies, because various activities cannot be completed on building sites. Or a
mild winter can cause revenue losses for energy suppliers, who will sell less gas.
The consequences of this are significant additional costs, through contractual penalties
or continued wage payments being due, or negative effects due to downtimes. With ‘KLIMArisk,
our weather risk insurance product, companies can reduce their earnings fluctuations
and thereby improve the predictability of their income streams.