Your search for “weatherbill”

The Climate Corporation has announced the launch of their Total Weather Insurance™ product for 2012. The revamped crop weather insurance product features next-generation weather monitoring, with over 800,000 rainfall measurement grid areas across the U.S., industry leading soil moisture tracking and location specific yield assessment.

Unsurprisingly, the Mariah Re tornado catastrophe bonds dominated much of the news last week as the impact of growing covered losses became clearer and investors sought to offload positions in the bonds. The fourth quarter now has its second cat bond marketing and investors will be hoping for a steady stream of new issuances up […]

In this the first of a new series of interviews with key industry figures, Artemis talks to Barney Schauble of Nephila Capital. Mr. Schauble has been involved in the weather risk market and in the securitization of insurance risks for many years and is highly regarded within both sectors. We spoke to Barney on a […]

SmartWings, the Prague based low cost airline, has added the ability to purchase weather insurance into it’s website booking process through a partnership with weather cover provider Airsavings. They are currently offering rainfall protection to travellers but hope to extend that to offer cover for a lack of sunshine and hope to branch out to […]

Washington, DC, May 27, 2010 — Members of the Weather Risk Management Association (WRMA) elected Members of the Board and a roster of association Officers at its 12th Annual Meeting in Miami, Florida held earlier this month.

Regular readers of Artemis might remember our article from a year ago which asked some of our industry friends for their opinions on the prospects for insurance-linked securities and weather risk management for 2009. Looking back at that article, a lot of the predictions were accurate and it ended up being the most viewed article […]

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 […]

…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 by attracting people to […]

2008 was a year of ups and downs for the insurance linked security and catastrophe bond markets, while the weather risk management market did not fare so badly (although it has been quiet on the news front). At the start of 2009, we thought we’d ask some of our friends within these markets to contribute […]

You may have seen a press release on the Artemis news page today discussing the iTravel2000 ‘Let It Snow’ weather refund promotion backed by weather risk firm Weatherbill. The promotion promised to refund customers who booked a holiday in a defined period if a certain amount of snow fell on set locations in Canada on […]