With a
bell weather index, the motto «A rising tide lifts all boats» applies when a golden cross forms as the buying resonates throughout the index components and sectors.
Iffco Tokio General Insurance Company is planning to introduce a satellite - based
weather index for weather insurance by using grant from the International Labour Organisation (ILO).
Alertnet: Bangladesh is planning to introduce crop insurance based on
a weather index to reduce farmers» economic vulnerability to shifting climate patterns and extreme weather events.