climate ILS
Alliance of CEO’s call on G7 & world leaders to scale up climate risk transfer
With the G7 meeting in Cornwall, UK beginning tomorrow and the COP26 only five months away, CEO's of major global corporations are calling on world leaders to scale up climate risk transfer as part of the financial response to climate change. The Alliance of CEO Climate Leaders is a global community read the full article →
More & better “catastrophe-triggered” instruments needed: UN Sec-Gen Guterres
United Nations (UN) Secretary General António Guterres has again said that the world needs more catastrophe-triggered financing and better instruments to support the delivery of climate financing, to enhance disaster resilience, fund adaptation measures and finance climate risk. Speaking today at the Insurance Development Forum's (IDF) Summit 2021, UN Secretary General read the full article →
Demex democratises access to climate data useful for risk transfer
The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global scale, has launched a new initiative through which it aims to democratise access to climate data that is useful for risk transfer, insurance or reinsurance transactions. The Demex Group launched last read the full article →
Nephila to name Maria Rapin sole CEO of Nephila Climate unit
Nephila Climate, the weather and climate risk and reinsurance focused unit of the largest insurance-linked securities (ILS) fund manager Nephila Capital, has named Maria Rapin as its sole CEO. Rapin, who has worked at Nephila Capital since 2015, was most recently a Co-CEO of the Nephila Climate unit, alongside fellow Co-CEO read the full article →
Demex adds Ventus co-founder Stuart Mercer to Advisory Board
The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global scale, has added reinsurance and ILS expertise to its Advisory Board with ex-Ventus co-founder Stuart Mercer. The Demex Group launched recently after securing $4.2 million of seed funding from leading financial read the full article →
Demex funded & backed by Nephila & Munich Re capacity for climate risk transfer
Nephila Capital, the world's largest ILS and reinsurance fund manager, is to provide weather risk capacity to support The Demex Group, a climate risk focused insurtech start-up, as it comes out of stealth with a mission to provide financial risk solutions to deliver greater climate resilience. The Demex Group has secured read the full article →
Climate insurance-linked securities (ILS) opportunity seen for London
A forum co-chaired by UK regulator the Financial Conduct Authority (FCA) and the Bank of England's Prudential Regulation Authority (PRA) calls for the development of a market for climate-related insurance-linked securities (ILS) in London. London and the United Kingdom has been seeking to create a greater role for itself in insurance-linked read the full article →
