exchange

CatX, a digital catastrophe and parametric risk exchange start-up, has announced that it is integrating risk analytics from Moody’s RMS into its offering, to bring modelling capabilities to users of its product.

CatX, a digital catastrophe and parametric risk exchange start-up, has announced a successful raise of a $2.7 million seed funding round, as it looks to ramp up its mission to connect re/insurers with efficient sources of alternative reinsurance risk capital.

CatX, a digital catastrophe and parametric risk exchange start-up, has been accepted into the prestigious Y Combinator accelerator program to help it build out its capabilities and scale the developing business model.

Accelerant, the insurtech that helps members exchange or transfer risk more effectively and connects them with long-term capital, has launched what it is calling a Risk Exchange that can help members access risk capital, including from institutional investors.

Once again the discussion of exchange-traded weather risk management products for Indian farms, companies and insurers has come to the fore, but this time the plan is for a product to be launched after September of this year.

In what could prove to be one of the most important developments in the catastrophe reinsurance market in some time, Property Claim Services (PCS) has announced that it is working with the Cayman Islands Stock Exchange (CSX) on an initiative to launch exchange traded catastrophe derivatives on the CSX.

The Chicago Mercantile Exchange (CME), the U.S. financial derivatives exchange where weather risk and hurricanes are traded, has applied to create a London-based derivatives exchange. The CME have submitted applications to the UK’s Financial Services Authority and says that pending regulatory approval as a Recognized Investment Exchange, the new exchange CME Europe Ltd will initially […]

The Indian financial markets have been pushing for regulation to be introduced that would allow for the use of commodity options and derivatives, including weather derivatives, has been under way for nearly two years now. We’ve written about this previously, here and here, with the latter article discussing moves by the Associated Chambers of Commerce […]

We last wrote about the push to get weather derivatives listed as a tradable instrument on the commodity exchanges of India back in September last year when the Indian government approved laws to allow commodity options and futures to be traded in the country. It was hoped that the new law would lead to other […]

Sources in India have confirmed that exchanges and trading firms are still waiting on the Indian parliament to amend the Forward Contracts Regulation Act in order that new asset classes such as weather futures and index-linked weather contracts can be introduced to markets there. This is seen as essential for India to be seen as […]