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.


TP ICAP expands into weather derivatives broking with Ernst hires

TP ICAP group, the world’s largest interdealer broker, has a new offering of weather derivatives, having hired two experienced weather risk market professionals in Nicholas and Eric Ernst.ICAP Energy LLC, which is the energy and commodities focused division of TP ICAP has hired the pair to run a new ICAP read the full article →

Nephila invests in climate risk data analytics specialist Jupiter

Leading ILS fund manager Nephila Capital has participated in Series B funding and signed up to use predictive data and climate risk analytics tools offered by Jupiter, a technology company focused on helping users better understand and manage climate-related risk.Jupiter recently raised a $23 million Series B funding round in read the full article →

Nephila helps Ares Management to three wind power proxy revenue swaps

Nephila Climate, the weather, climate risk and reinsurance focused unit of insurance-linked fund manager Nephila Capital, has entered into three wind power proxy revenue swap transaction to facilitate the financing of an acquisition and re-powering of a wind power portfolio.Alternative investment manager Ares Management Corporation utilised the proxy revenue swaps read the full article →

Atmos Re cat bond is “innovative earnings protection” for UnipolSai: WTW

The securities division of reinsurance broker Willis Re, Willis Towers Watson Securities (WTW Securities), which acted as the lead structuring agent and bookrunner for the recently completed €45 million Atmos Re DAC catastrophe bond transaction, has said that the deal provides its sponsor with innovative earnings protection.As shown by the read the full article →

Weather risk market healthy & expanding: Malinow, Sompo Global Weather

Opportunities remain in the healthy and expanding weather risk market with both capacity supply and demand supporting short-term growth. And, at the same time, there’s likely to be a shift in weather market leadership away from “reinsurers with a front end”, according to Martin Malinow, President, Sompo Global Weather.Sompo Global read the full article →

Swiss Re sets up EU entity for derivative & ILS continuity post-Brexit

Global reinsurance firm Swiss Re has established a new European entity in Luxembourg named Swiss Re Capital Markets Europe, S.A. to ensure it has trading continuity for derivative contracts in the weather and energy risk transfer space, as well as ILS instruments, after Brexit.With the UK's position in the European read the full article →

Nephila Climate backs proxy revenue swap for Ranchero wind farm

Nephila Climate, the weather, climate risk and reinsurance focused unit of ILS fund manager Nephila Capital, has provided capacity to back another proxy revenue swap for a wind farm project, again alongside Allianz Risk Transfer.These transactions are becoming more frequent as the renewable energy sector, its investors and developers, increasingly read the full article →

Allianz expands ART, weather & ILS focused business unit to Asia Pacific

Global insurance and reinsurance giant Allianz is expanding its suite of alternative risk transfer products to the Asia Pacific region, as its commercial insurance arm Allianz Global Corporate & Specialty SE targets growth in the region with a new Alternative Risk Transfer line of business.Under the umbrella of Alternative Risk read the full article →

Nephila helps Microsoft hedge renewable weather risk in three deals

Technology giant Microsoft has entered into three transactions involving the world's largest insurance and reinsurance linked investment manager Nephila Capital, as the company looks to hedge the weather risk associated with renewable energy production, making its energy costs more secure in the process.Nephila Capital, through its weather and climate risk read the full article →

Nephila signs up to offer pricing & capacity on weatherXchange

Nephila Climate, the weather and climate risk transfer focused unit of the largest asset manager in insurance and reinsurance linked investments, Nephila Capital, has signed up to provide indicative pricing through the Speedwell Weather run parametric weather risk transfer platform weatherXchange.In providing the indicative pricing for parametric and index-based weather read the full article →