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Japanese insurer to offer weather refund insurance

Japanese newspaper the Yomiuri Shimbun report that Japan Insurance Co. has started to see weather insurance products which refund the full value of travel costs should it rain or snow more than a certain amount at a customers destination within Japan.They're claiming the product as a first in the insurance read the full article →

Weather refund promotions still all the rage

At this time of year retailers all over the world are hoping it doesn't snow. If you're a UK retailer you may be a little disappointed and be glancing up at the sky nervously. Why? Well there's a chance you're running a weather refund promotion which means you could be read the full article →

Weather refund promotions taking off in the UK

Finding ways to smooth your revenue stream whatever the weather is becoming easier with more types of weather risk transfer and weather insurance products available than ever before. Finding ways to refund your customers if the weather's bad and not lose out yourself is increasing in popularity too it seems.We've read the full article →

Nikon and CelsiusPro team up to offer weather refund to camera buyers

Environmental Finance reports that Nikon cameras in Switzerland are utilising the services of weather risk management firm CelsiusPro AG to offer camera buyers in Switzerland a refund should the weather turn bad over a defined period over the Easter holidays.CelsiusPro have sold Nikon a weather derivative based cover that allows read the full article →

Lufthansa the latest to offer weather refunds, onus is on the customer to claim

Lufthansa, the German airline, is the latest travel company to offer a refund for inclement weather while travellers are abroad. They're the first airline to offer this, previously this type of weather risk deal has only been offered by tour operators and companies offering accommodation.So, essentially weather refund deals like read the full article →

Now you can guarantee your holiday against a hurricane

We've written pretty extensively about weather refund promotions which are becoming popular as a way to pass on some risk protection to customers and entice them to book their trip with less regard for how the weather might actually turn out.Most of the promotions we've covered have been protecting against read the full article →

Aon provides French travel agencies with weather refund protection

Aon France has brokered a weather refund protection insurance scheme for two French travel agencies. The scheme provides customers of holiday groups Pierre et Vacances and FranceLoc with the ability to claim back the cost of part of their trip should it rain at least four days out of a read the full article →

Now whole countries can guarantee the weather…

...Although it helps when you're only 165 square miles in area.The Barbados Tourism Authority has become the latest travel related organisation to utilise Weatherbill's coverage to offer a weather guarantee to holiday makers and visitors to their island. As with all of these deals the idea is to stimulate bookings read the full article →

Sporting events can offer weather refunds too

Weather refund promotions and weather insurance are common these days, holidays, festivals and retail outlets are all offering money back or discounts if the weather is inclement. Sporting events seem like a natural avenue for the weather risk management companies to venture down.However, consider football (soccer for anyone in the read the full article →