Weather Risk Management

Share

Arbol hires ILS exec Brad Livingston as Head of Risk Capital Solutions

Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has made another key hire, bringing onboard Brad Livingston, an executive with significant insurance-linked securities (ILS) market experience, as its new Head of Risk Capital Solutions. Livingston joins Arbol after a period spent at private equity read the full article →

Arbol hires Jeffrey Khoo from Ed to lead APAC expansion

Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has announced another key hire, appointing Jeffrey Khoo to lead its Asia Pacific expansion plans. Khoo most recently worked at reinsurance broker Ed, where he held the role of Chief Marketing Officer, APAC. Prior to that, Khoo read the full article →

Demex hires Nephila’s Matt Coleman as Chief Risk Officer

The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global scale, has made a key hire, appointing Matt Coleman who most recently worked at Nephila Climate as its Chief Risk Officer. Coleman worked as Director of Strategic Partnerships at Nephila Climate, read the full article →

Beazley takes its parametric Weather Guard product online

London headquartered insurance and reinsurance firm Beazley continues to enhance its parametric weather insurance offering, now entering into a partnership with Paragon Insurance Holdings to combine its underwriting with an online technology solution. Beazley's Weather Guard product is one of the better known parametric weather insurance offerings in the marketplace. The Weather read the full article →

Arbol supports Singlife with Aviva’s parametric rainfall travel cover

Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance business, has partnered with Singapore based insurer Singlife with Aviva to provide it a parametric rainfall insurance product for travellers. Singlife said this morning that it is the first insurer in Singapore to offer a parametric insurance product designed read the full article →

Fathom & Reask partner on combined wind and flood risk models

Specialist flood risk modeller Fathom, and Reask, a climate analytics firm that leverages machine learning techniques, have partnered to create new, combined wind and flood risk models for re/insurers, banks, and ESG-focused investors. Initially, this collaboration will see each company permitted to sell the other's products and services to both new read the full article →

Arbol reports impressive growth as GWP transacted in H1 2022 exceeds $100m

Technology-led underwriter of parametric risk transfer, climate and weather insurance business, Arbol, has today reported that it transacted more than $100 million in gross written premium (GWP) in the first half of 2022. Impressively, this figure is more than 70% higher than the $70 million in GWP the firm transacted in read the full article →

Demex launches parametric snow covers, backed by Nephila & reinsurers

The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global scale, has launched new parametric snow insurance covers that are financially supported through derivatives agreements with ILS fund manager Nephila Capital, as well as new reinsurance agreements. Demex has previously cited read the full article →

Speedwell and EPEX SPOT team up for weather-based power indices

Speedwell Climate, a leading provider of weather, catastrophe and climate data, indices and settlement services, has teamed up with the European Power Exchange (EPEX SPOT) on the launch of a set of weather-based power indices to provide risk management and hedging opportunities to the renewables sector. Speedwell has been serving the read the full article →

Index-based risk transfer essential to key societal issues: Speedwell Climate

Index-based risk transfer has a key societal role to play, in providing protection to support issues such as the renewable energy transition, covering extreme weather catastrophe events, and helping support access to scarce resources, newly renamed Speedwell Climate has said. Speedwell Weather Ltd. and its associated companies have been serving the read the full article →