UPDATE: FEBRUARY 15, 2012
One after another, weather induced events occurred during 2011. This video tracks those events. The weather derivatives market “heated up” in an unprecedented fashion as well. There is a link to these two connected subjects explained through “cause” and “effect” analyses. Has anyone really connected the dots? Cui bono? Who profits?
Where there is an insurance loss or claim, there is also a profit made in the weather derivatives markets by some. Who is that “some”?