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UK cold snap results in £1.4 billion in claims

The Association of British Insurers (ABI) has released some figures on the claims received following the cold snap in the UK during December 2010. The cold snap experienced the year before in 2009 resulted in £650m in claims, the most recent 2010 cold snap has seen that figure double to read the full article →

Weather hedges at the ready; here comes a cold snap

It's that time of year when companies who have exposures due to colder weather are watching the long range weather forecasts and deciding whether or not to hedge their weather risks this year. We're hearing that there has been increased interest in cold weather hedging this year after the extremes read the full article →