Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How Family Offices Use Weather Derivatives to Hedge Climate Risk
In this episode, Lucas and Luna explore how ultra-wealthy families are using weather derivatives to hedge climate-related risks that traditional insurance won't cover. From a vineyard in Napa losing an entire harvest to frost, to a ski resort facing a snowless winter, these instruments are becoming a quiet staple in sophisticated portfolios. Lucas breaks down the mechanics of heating degree days and cooling degree days, explains how the Chicago Mercantile Exchange standardizes these contracts, and discusses the growing demand for bespoke weather swaps as climate volatility rises. Luna…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.