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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Nephila backs weather-linked wind power risk transfer for data center provider

Nephila Climate, the weather and climate risk focused arm of the largest independent insurance-linked securities (ILS) manager Nephila Capital, has provided capacity to back a weather-linked wind farm risk transfer deal, to support the needs of a data center provider. Working with its regular partners the Capital Solutions unit of Allianz read the full article →

Global Parametrics & Hannover Re back another Arbol-powered weather risk pilot

Global Parametrics and reinsurance giant Hannover Re are together supporting a weather risk insurance pilot scheme that is powered by Arbol’s technology and smart contract driven marketplace for weather risk transfer. The pair are supporting the AGRIBEE Crop Insurance Pilot with capacity to enable the provision of extreme weather protection cover read the full article →

CelsiusPro doubles-down on big-data for parametrics & weather risk transfer

CelsiusPro AG, the Swiss headquartered weather index insurance and parametric risk transfer specialist, is doubling down on the use of big-data and advanced technology to create better parametric triggers and indices for weather and natural catastrophe risk transfer. CelsiusPro is already a technology-focused company, calling itself an insurtech as it has read the full article →

Demex funded & backed by Nephila & Munich Re capacity for climate risk transfer

Nephila Capital, the world's largest ILS and reinsurance fund manager, is to provide weather risk capacity to support The Demex Group, a climate risk focused insurtech start-up, as it comes out of stealth with a mission to provide financial risk solutions to deliver greater climate resilience. The Demex Group has secured read the full article →

Arbol transacts $11m notional through weather risk platform

Arbol, a provider of marketplace technology that utilises smart contracts, has now sold $11 million notional in weather risk transfer contracts through its platform in the first four months since it began trading live transactions. Arbol completed an acquisition of well-known specialist provider of weather risk transfer and weather hedging solutions read the full article →

Nephila & Allianz in proxy revenue swap for Escalade wind farm in Texas

Nephila Capital, the largest insurance and reinsurance linked fund manager and global insurer Allianz have collaborated again to provide a proxy revenue swap to help reduce financing risk for those funding the 336 MW Escalade wind farm project in Texas. Through its specialist climate and weather focused underwriting, risk transfer and read the full article →

Star Group gets weather derivative payout after warmer first-quarter

Weather hedging seems to have worked as intended for Star Group (formerly Star Gas Partners) in the first-quarter of 2020, as higher temperatures in the United States triggered a payout under the energy providers weather derivatives arrangements. Star Group has been using weather derivatives to hedge out the impacts of temperature read the full article →

Global Parametrics puts NDF capacity behind Arbol-powered weather risk pilot

Global Parametrics, the parametric and index-based disaster risk transfer company, is putting capacity from the Natural Disaster Fund (NDF) that it manages behind a new weather insurance pilot for coffee farmers in Costa Rica that is powered by Arbol's technology and smart contract driven marketplace for weather risk transfer. To launch read the full article →

Arbol acquires eWeatherRisk, aims to revolutionise weather risk transfer market

Arbol, a technology driven marketplace that uses blockchain and smart contracts, has acquired well-known specialist provider of weather risk transfer and weather hedging solutions eWeatherRisk, as it looks to revolutionise the way weather risk transfer contracts are bought and sold. eWeatherRisk is a long-time weather risk management and transfer market participant read the full article →

Climate variability & Australian farm profits, why weather risk transfer is key

At a time when Australian has been sweltering in record heat while bush fires burned out of control, then suffering from severe storms, a recent study seeks to quantify the effect of climate variability on farm profits in the country. The impacts of both short-term climate risks such as drought and read the full article →