Weather risk management by companies such as Delphi Weather Analytics. The weather risk market makes it possible to manage the financial impact of weather through risk transfer instruments based on a defined weather element, such as temperature, rain, snow, wind, etc. Weather risk management is a way for organizations to limit their financial exposure to disruptive weather events. By making a payment (a "premium") to a separate company that will assume the financial weather risk for them, an organization essentially is buying a type of insurance - the company assuming the risk will pay the buyer a pre-set amount of money which will
Condition of possibility Condition of possibility Condition of possibility ("Bedingungen der Möglichkeit") is a philosophical concept made popular by Immanuel Kant. A condition of possibility is a necessary framework for the possible appearance of a given list of entities. It is often used in contrast to the unilateral causality concept, or even to the notion of interaction. For example, consider a cube made by an artisan. All cubes are three-dimensional. If an object is three-dimensional, then it is an extended object. But extension is an impossibility without space. Therefore, space is a condition of possibility because it is a necessary condition for the