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
The wrong type of snow The "wrong kind of/type of" part of the phrase has itself been shown to exemplify semantic change, having undergone a process of grammaticalization to move from an impartial description of weather conditions to become a politically loaded signifier of failure. The wrong type of snow "The wrong type of snow" or "the wrong kind of snow" is a phrase coined by the British media in 1991 after severe weather caused disruption to many of British Rail's services. A British Rail press release implied that management and its engineering staff were unaware of different types of snow. Henceforth in the United