Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

Weatherbill to guarantee revenue for food festival organisers


Weatherbill have completed a novel weather insurance cover for the organisers of Belgium’s largest outdoor culinary festival. Taste of Antwerp, in it’s fifth year, takes place in August. It’s essentially a food festival at which renowned chefs and caterers provide the entertainment in the form of small plates of their food to the thousands who attend.

Tickets are purchased on arrival at the event, with no advance booking or purchase available, this makes the festival extremely sensitive to the weather (particularly rain). Weatherbill is providing the organisers with cover which will pay out automatically should rainfall during the event exceed 9.7mm.

Full press release from Weatherbill available here.

Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.