Your search for “weatherbill”

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 […]

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 Priceline.com, Let It Snow for iTravel2000 and their deal guaranteeing the weather at the Wimbledon tennis tournament. All […]

Swiss Re have announced a new partnership to help bring weather derivatives to European companies with CelsiusPro. Swiss Re are providing risk capacity and transfer expertise to support an online platform built by CelsiusPro. Companies can enter into weather derivative contracts online via www.celsiuspro.com. CelsiusPro are claiming that it’s the first time small and medium […]

Reinsurance Magazine has a great article on the current state of electronic trading in reinsurance and catastrophe futures. It discusses the state of markets such as the IFEX, Re-Ex and the burgeoning Carvill Hurricane Index and their potential for growth. The time is ripe for electronic trading of risks. With so many securities, options, derivatives […]

The effects of weather risk on a countries economy depends on a number of factors including how severe the weather is in that region, how developed the nation is, how much the nation depends on weather sensitive industries such as agriculture and how much they hedge or mitigate those risks. Weatherbill have released a really […]

It would seem so. Don Palmour, owner of the Clean Car Turnpike, a car wash in Northwest Houston has covered his business against rain using the services of Weatherbill. The deal will pay out if there are more than 20 days of rain in any three month period and the rainfall is measured at the […]

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 […]

Weather risk management has been in the press in the last couple of days thanks to two high profile articles on Weatherbill. Weatherbill has been credited with bringing weather risk management and weather derivatives based products to the masses mainly through the clever use of technology and the internet. This isn’t surprising when you realise […]

itravel2000, the Canadian online travel agent, has been running a promotion since June called Let It Snow. The promotion promises to give customers their qualifying holidays for free if it snows 5 inches or more at Calgary, Halifax, Montreal or Toronto airports on New Years Day, January 1, 2009. It’s been so successful for them […]

The Weather Risk Management Association has made the presentations from it’s recent annual meeting available on it’s website. For those who couldn’t make the meeting here are links directly to the presentations (in MS Powerpoint). Long Term Management of Weather and Other Risks Robert Shiller, Chief Economist, MacroMarkets LLC Parametric Extreme Events Warren Isom, Executive […]