The AGCS report on weather risk management, titled 'The Weather Business - How companies can protect against increasing weather volatility,' was a collaborative effort with Allianz Risk Transfer (ART).
The report examines the strong links between unexpected weather patterns and company performance, and explores the solutions that Allianz Risk Transfer can deliver through its weather risk management expertise. A key message from the report is that bad weather is no longer a good excuse for missed sales targets.
A perhaps surprising finding in the report is that annual costs from routine weather variance can triple those from the headline-grabbing global natural catastrophe losses.
Download the full report 'The Weather Business'
Download an infographic on the cost of the weather on business.