weather hedge


GCube expands renewables & weather underwriting team

International renewable energy and weather risk underwriting specialist GCube has expanded its team with the addition of two new underwriters in its London office, as it looks to continue its expansion.GCube Underwriting Ltd. has this morning named Steve Allen and Adam Hearn to as a new Director and Senior Underwriter, read the full article →

GCube expands weather risk transfer solution across North America

International renewable energy underwriting specialist, GCube, has bolstered its weather risk transfer underwriting team for the wind and hydroelectric energy markets, as it looks to increase its penetration of the U.S. weather insurance and risk management market.GCube launched its unique weather risk transfer product in the second half of last read the full article →

Weather derivative contracts impacted by unusually warm winter

Some weather derivative contracts have been impacted by the unusually warm winter conditions seen in the fourth-quarter of 2015 and which have continued into this year, with January 2016 seeing more temperature records broken.There are a number of reinsurance players with weather risk management and weather derivative units, as well read the full article →

GCube launches wind & hydro power weather risk transfer product

Renewable energy focused underwriting specialists, GCube Underwriting Ltd. (GCube), has launched a new weather risk transfer product for the wind and hydroelectric energy sectors, an area that increasingly reinsurance and insurance-linked securities (ILS) players seek to tap into.“While intermittency is a given for the renewables sector, as the proportion of read the full article →

Swiss Re in first-of-its-kind index-based wind farm weather hedge

Swiss Re Corporate Solutions, a division of the global reinsurance firm, has provided Infigen Energy with a pioneering wind farm hedge, protecting it across areas of Southern Australia, New South Wales and Western Australia from low-wind weather cycles.Swiss Re described the new transaction as the first-of-its-kind, as unlike other, traditional read the full article →

Axis appoints two to head new Weather & Commodity Markets initiative

Bermuda based global insurance and reinsurance group AXIS Capital Holdings Ltd. has been busy launching new initiatives in recent days. First it announced the launch of its third-party capital and capital markets initiative last week and now this week it has announced a new Weather and Commodity Markets unit.The new read the full article →

MDA EarthSat Weather expand wind generation forecast to include Europe

MDA EarthSat Weather, a consulting group for weather risk and commodity weather products and services, have announced the expansion of their current wind generation forecast product range. They are expanding their focus beyond the U.S. and will now offer forecast data and information for stations in the UK, Ireland, and read the full article →

Companies who engage in weather hedging see increase in firm value

Whether risk management practices such as hedging actually have an effect on firm value of those engaging in such practices is highly debated in wider economic circles. Those involved in hedging or risk management sectors such as reinsurance can of course see the value in a well placed hedge, but read the full article →

March 2012 was the warmest on record in the U.S.

Here on Artemis we often discuss the vagaries of the weather and climate and this March was certainly an unusual month worth commenting on. The U.S. saw the warmest March on record since 1950, based on natural gas weighted Heated Degree Days (GWHDDs), according to an MDA EarthSat Weather press read the full article →

UK councils look to weather derivatives for winter weather hedge

The UK's Guardian newspaper reports that some of the local councils in the UK (local government authorities) are seriously looking at weather derivatives as a way to hedge the excess costs of severe winter weather. The UK has been hit by two severely cold winters with unusual amounts of snow read the full article →