Weather risk management and weather derivatives trading news

An archive of all of our news articles on the topic of weather risk management. This chronological archive includes every article on Artemis related to weather derivatives, weather swaps, weather refund promotions, weather insurance and general weather risk management and risk transfer. For the latest news and full coverage visit the homepage.

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MS Amlin AG launches agriculture & weather index reinsurance practice

MS Amlin AG, the international reinsurance arm of MS Amlin and part of the Japanese MS&AD group, has announced the launch of a practice with a focus on agriculture and weather index products with the hiring of former PartnerRe exec Rinat Bektleuov. Bektleuov had worked at reinsurance firm PartnerRe's Zurich branch read the full article →

Exchange traded weather derivatives planned for China

Recognising the need for industries to be able to hedge their weather risks using robust data and indices, alongside exchange listing and trading, the National Meteorological Information Center of China and the Zhengzhou Commodity Exchange will work together to develop derivatives products such as weather index futures. The two organisations have read the full article →

Arbol’s climate data network dClimate gets Mark Cuban investment

Things are hotting up in the weather risk management and parametric risk transfer technology space and Arbol, a smart contract, parametric risk transfer and weather insurance marketplace technology provider is one of the companies leading the charge. Arbol's founders have launched dClimate, a decentralized network for climate data and now received read the full article →

Parametrics: The future opportunity is already upon us

As climate change becomes a topic of increasing focus and with regulations poised to get tighter, the ability to customise parametric insurance solutions suggests that going forward, the product set is going to expand, according to industry experts. “When I look at available products today, I am quite certain that in read the full article →

Hillridge launches weather parametrics with Mitsui Sumitomo & Victor

Hillridge Technology Pty Ltd, an Australian software technology company that aims to help users address the climate protection gap, has launched a weather index insurance platform with the support of Mitsui Sumitomo Insurance and Victor Insurance Australia, a subsidiary of Marsh. Hillridge hopes to provide growers and producers easy access to read the full article →

Advances in data, new participants point to parametric growth: Artemis Live

Interest in parametric risk transfer and insurance is on the rise as the immediacy and availability of data improves and new types of market participants enter the fray, suggesting growth is on the horizon, according to industry experts. During yesterday’s Artemis Live webcast, titled The Power of Parametric Solutions for Climate read the full article →

Live webcast: The Power of Parametric Solutions for Climate Resilience

The Weather Risk Management Association (WRMA) and Artemis have partnered to host a live webcast on April 29th 2021 to discuss the role of parametric solutions in supporting climate resilience. The event will feature senior leaders from across the weather risk management and re/insurance space. Register online here to secure your read the full article →

Speedwell formalises global parametric tropical cyclone settlements

Speedwell Group, a long-time specialist service provider to the weather risk management and parametric risk transfer market, has formalised its tropical cyclone risk related settlement services, providing further options for those looking to structure cat-in-a-box or similar parametric wind insurance, reinsurance or swap deals. Speedwell said it has received significant demand read the full article →

Arbol hires Guo from GC Securities as Chief Insurance Officer

Arbol, the provider of marketplace technology supporting parametric risk transfer and weather insurance, utilising smart contracts, has made a key hire, bringing onboard Hong Guo from GC Securities as its Chief Insurance Officer. Hong Guo joins Arbol as Executive Vice President and Chief Insurance Officer and will lead all insurance related read the full article →

Arbol taps machinery sensors for parametric crop insurance triggers

Arbol, the provider of marketplace technology supporting parametric risk transfer or weather insurance and that utilises smart contracts, has provided the backing for a new crop yield cover whose parametric triggers are based on the throughput measured by machinery sensors. The use of sensor technology in creating new parametric risk transfer, read the full article →