weather risk transfer


weatherXchange launches instant pricing for parametric weather insurance

Speedwell Weather owned parametric weather risk transfer platform weatherXchange has launched instant indicative pricing for index-based weather insurance and derivative contracts sold on its technology platform, aiming to streamline pricing and quoting of weather hedging.weatherXchange said that its Instantaneous Indicative Pricing service, which will be available through a number of read the full article →

Speedwell seeks to automate weather risk transfer pricing

Automating the pricing process for parametric weather risk transfer or weather hedging contracts is an ambitious goal, but Speedwell Weather feels it has achieved that with the latest release of its now 15-year-old weather derivative pricing and risk management software, which it has connected to its weatherXchange platform.Speedwell Weather, a read the full article →

AXA Global Parametrics to offer capacity through weatherXchange

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 launched weatherXchange earlier this year, as an online read the full article →

Weather risk the biggest threat to wind energy sector

Weather risk due to a lack of wind, or resource risk as its known in the sector, is the major threat to wind energy markets and wind farm operators, with the inability to transfer the weather risk adequately often leading to sub-par project performance, according to specialists GCube Underwriting Ltd. read the full article →

ARC and African Development Bank partner to expand risk transfer

The African Risk Capacity (ARC) and the African Development Bank (AfDB) are to collaborate to enhance Member states' understanding of the need for and value of disaster insurance and ultimately to help expand and embed risk transfer within countries policy and development objectives.The African Risk Capacity (ARC), Africa’s first sovereign read the full article →

Exchange traded weather derivatives still struggling to gain traction

Exchange traded weather derivatives are still struggling to make headway across Europe, as demand for bourses’ contracts remains limited, suggesting a need for further sector education and innovation.Speaking at a conference as part of Germany’s E-World trade fair, weather risk transfer experts discussed the persistent challenges and struggles facing a read the full article →

Weather risk transfer a billion dollar opportunity for wind power

GCube Underwriting Ltd. (GCube) has underlined the significant financial impact wind speed volatility can have on wind energy stakeholders throughout the world, highlighting the potential for insurance, reinsurance, and insurance-linked securities (ILS) players to capitalise on that sector's billion-dollar opportunity.According to renewable energy underwriter, GCube, a lack of efficient and read the full article →

Speedwell unveils weatherXchange, a parametric risk transfer platform

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.weatherXchange is an online technology based weather trading platform, that will enable protection buyers and sellers to meet and read the full article →

Barney Schauble, Nephila Capital on weather risks as ILS assets

In the latest in our series of interviews with figures from the risk transfer and insurance-linked securities (ILS) markets, Artemis spoke with Barney Schauble, Managing Partner at specialist catastrophe and weather risk asset manager Nephila Capital.Barney has led much of the development and growth of Nephila Capital’s successful weather risk read the full article →

Nephila Capital uses Lloyd’s syndicate for ARC reinsurance renewal

Nephila Capital has participated as a reinsurance capacity provider for the African Risk Capacity (ARC), underwriting its first parametric weather risk transfer contract to cover African drought risks through its Lloyd's of London Syndicate 2357.Nephila Capital is the world's largest investment manager dedicated to reinsurance linked investments in natural catastrophe read the full article →