Weather risks

Emergency Service Procedures and Facilities undergoing ongoing modification, as extreme weather risks are too unpredictable to be fully contained (IDNDR s research units for hazard mitigation and/or disaster preparedness are in place at the Universite de Quebec a Rimouski, the University of Manitoba, the University of British Columbia). 

Mini-Subst tlons. Development of SF -iasulated lines and circuit breakers made possible development of a compact electric substation that requires one-tenth the land area of conventional designs (64,68). Other advantages of the ministation are freedom from effects of weather and pollution, and reduced risk of vandaUsm (69). Substation units ia which SF iasulates 400 and 500 kV d-c equipment have been developed (70). 

Reduced risk of harm from changing weather patterns Reduced risk of harm from extreme weather events ... 

Many details in building construction may permit rain water to enter and this may be retained in crevices in metal surfaces, or between a metallic and some other surface. Water may drip on to metal surfaces. These conditions, which can involve a greater risk of corrosion than exists where a metal is exposed to the normal action of the weather, are more severe when the water contains dissolved acids, alkalis or salts derived from the atmosphere or from materials with which the water comes into contact. Normal supply waters can also cause corrosion. 

Copper Although copper is weather-resistant under normal conditions of exposure, certain precautions are necessary to avoid the risk of premature failure. For instance, copper that is exposed to high concentrations of flue... 

In both the roles, insurance companies deal with the management of risk activities. In fact, climate change risk is managed by the insurers through the risks they accept from clients, given that climate change causes an increase in intensity and spreading the distribution of extreme weather events with resultant effects on property claims that could be catastrophic.5... 

In this way, the insurance industry provides a coverage for climate change consequences because climate experts predict changes in the intensity and the distribution of extreme weather events and of the resulting risk of catastrophic property claims. 

Climate change will affect, and in some cases is already affecting, most major types of insurance products. Insurers will feel the impact of climate change on property and casualty insurance, where the insurer bears the risk of a loss suffered directly by the policy holder. These property and casualty claims include not only damage to insured property as a direct result of weather but also claims for business interruptions and other consequences of weather-induced events. Also, health and life insurers are going to face increasing costs. 

Weather derivatives are another kind of financial instrument used by companies to hedge against the risk of weather-related losses. Weather derivatives pay out on a specified trigger, for example, temperature over a specified period rather than proof of loss. The investor providing a weather derivative charges the buyer a premium for access to capital. If nothing happens, then the investor makes a profit. 

The warm-weather climates necessary for citrus orchards generally minimize the risk of frost conditions. Nevertheless, occasionally measures are needed to protect the trees and their fruit from freezing temperatures. Citrus crops become threatened when temperatures fall below 28°F for four hours or moreJ l Heating... 

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