Measure the impact of unfavourable weather to better protect sellers of seasonal products

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Unfavourable weather is impacting consumer product sales. It is now possible to insure producers and distributors against this risk. To do this, we identify the climate variables that have the most influence on sales. Next, the financial risk of these variables is assessed. Finally, this risk can be covered through financial instruments or insurance policies. These techniques are valid for all products whose sales vary greatly depending on the weather such as clothing, sun products, ice cream, etc.

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