weather hedging

AXA Global Parametrics, the unit of insurer AXA that focuses on providing clients with parametric insurance underwriting and risk transfer solutions, is to begin offering its capacity as a protection seller through the Speedwell Weather owned parametric weather risk transfer platform weatherXchange.

Speedwell Weather, a provider of weather data, forecasting information, analytics, software and consultancy to the weather derivatives and weather risk management market, has unveiled its awaited parametric weather risk transfer platform weatherXchange.

Speedwell Weather, a provider of weather data, forecasting information, analytics, software and consultancy to the weather derivatives and weather risk management market, is planning to launch a free platform to facilitate parametric weather risk transfer.

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.

Endurance Global Weather, a weather hedging and weather risk management focused unit of Bermudian specialty P&C insurance and reinsurance firm Endurance Specialty Holdings Ltd., has completed a multi-year wind hedge transaction with Meridian Energy Australia.

Speedwell Weather, a provider of weather data, forecasts, analytics, software and consultancy to the weather risk management and derivatives market, has launched a new platform which it hopes will help facilitate weather hedging for energy industry players.

Speedwell Weather, a provider of weather data, analytics, forecasts, software and consultancy to the weather risk management and derivatives market, has appointed joint CEO’s as it seeks to further develop its business.

Speedwell Weather, a provider of weather data, forecasts, software, analytics and consultancy to the weather risk management and derivatives market, has expanded its Speedwell Commodity Product to enhance the granularity of data available.

Speedwell Weather, a provider of weather data, forecasts, analytics, consultancy and software to the weather risk management and derivatives market, has expanded the range of data available through its SuperPack product.

The annual economic costs from routine weather variance or weather volatility can far exceed the costs caused by natural catastrophes, according to a report showing the importance of weather risk management from insurer Allianz Global Corporate & Specialty SE.