Stefan Lippe, Jürg Haller join CelsiusPro board of directors

CelsiusPro AG, the Swiss-based specialist in structuring and originating weather derivatives and weather risk management products, has announced that ex-Swiss Re CEO Stefan Lippe and UBS banker Jürg Haller have joined the CelsiusPro board of directors. Mark Rüegg, founder and CEO of CelsiusPro AG, is stepping back from his position as read the full article →

CelsiusPro partner with Construction Industry Federation Ireland

CelsiusPro AG, the Swiss-based weather risk management specialist, are continuing their push into the construction sector through a new partnership with the Irish Construction Industry Federation (CIF). This follows their previous partnerships which saw them team up with construction organisations in the UK and the Netherlands to help them promote read the full article →

CelsiusPro & Aon Benfield Securities team up to offer weather certificates to UK construction industry

CelsiusPro AG, the Swiss-based weather risk management specialist, has teamed up with Aon Benfield Securities to offer weather risk cover to the UK construction industry. CelsiusPro have partnered with the UK's largest construction trade association, the Federation of Master Builders, giving them access to much of the UK's construction industry. The read the full article →

CelsiusPro announce new QuotePro weather derivatives platform and test accounts

Swiss based weather derivatives and risk management specialist CelsiusPro have announced the launch of a new pricing platform for distribution partners and new test accounts at the Weather Risk Management Association conference in Houston, Texas. CelsiusPro, who work in partnership with Swiss Re are already known for their online platform read the full article →

GRITIT teams up with CelsiusPro to offer frost certificates

GRITIT are a 'winter risk management firm' based in the UK. They were the first commercial organisation within the UK to offer winter road gritting to help businesses keep on the move when winter weather arrives. Given their focus on helping organisations protect their bottom line against the weather it read the full article →

CelsiusPro helps businesses become winners despite bad summer weather

Locarno International Film Festival, Bielersee-Navigation-Company and Ski Lifts Schwyz-Stoos Fronalpstock are among the winners this summer as they have successfully hedged against bad summer weather conditions in Europe. They hedged their financial risks with customized weather derivatives and received an automatic payout following a rainy summer according to CelsiusPro. Winners despite 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 →