Your search for “weather refund”

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 rainfall, lack of sunshine […]

For the third year running, Canada’s itravel2000 have launched another Let it Snow weather refund promotion. This promotion has become the largest travel promotion in Canadian history and had thousands of participants in the first two years and despite the fact that claims were made itravel2000 see it as worth repeating. The first year participants […]

Some of the companies known for being reinsurance providers of “last resort” could step in to fill some last minute holes at the Florida renewals, according to analysts at KBW, but this would likely only be in higher-quality accounts.

Another year is coming to a close. With 2009 on the horizon it seems like a good time to look back at the top ten most viewed posts on Artemis.bm of the year. Since the relaunch of Artemis.bm in March this year, the website and blog has had over 13,000 unique visitors who between them […]

Priceline, the online travel agent, has been running a promotion (which I blogged about here) on their website which offered a refund should the weather be inclement while a customer is on holiday. Weatherbill provided the structure and derivatives traded backstop for this promotion. Now some figures are emerging from one of the internet measurement […]

Travel is an industry which is naturally exposed to weather and climate risks. Beach resorts want good weather and low rainfall to encourage customers to visit, ski operators want sufficient amounts of snowfall to ensure a good season and tour operators want quiet hurricane seasons to keep interest in core destinations such as Florida and […]