ABOUT GALILEO WEATHER RISK MANAGEMENT

Galileo Weather Risk Management was formed in December 2005 and writes tailored financial weather-related risk management products to corporations and municipalities — for example, energy companies, utilities, and construction companies — seeking to mitigate their financial exposure to variations in weather conditions and commodity prices as affected by weather conditions. Galileo’s range of risk management products can be indexed to weather variables including temperature, rainfall, snowfall, humidity, sunshine hours and wind speed as well as commodities such as natural gas and power, and can be delivered on a global basis as either derivatives or (re)insurance. Galileo has offices in New York, London and Bermuda.