Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

News & Analysis Results

Weather refund promotions still all the rage

News 22nd December 2010

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 literally giving your products away […]

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Weather refund promotions taking off in the UK

News 5th November 2010

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.

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Sporting events can offer weather refunds too

News 6th April 2009

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 U.S.). In the UK […]

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Yet another weather refund promotion

News 22nd December 2008

Weather refund promotions backed by weather insurance and derivatives appear to be all the rage at the moment. The latest one to come to light is a promotion from Knar Jewellery called ‘Let it Snow‘. The promotion, being run for their 30th anniversary of business, offers a refund to anyone who bought a product in […]

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Weather refund promotions catching on

News 11th December 2008

Weatherbill have published a great paper looking at their recent weather refund promotions in more detail. We’ve written about some of their deals in the past; the recent Rain Check deal with Sunquest Vacations, Sunshine Guaranteed for, Let It Snow for iTravel2000 and their deal guaranteeing the weather at the Wimbledon tennis tournament. All […]

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