Weather risk management association (wrma)
Weather risk management firms predict renewables and thinner energy market liquidity will drive growth
US weather conditions are purported to become more neutral this year, but forecasters are already looking to Asia as a potential risk management growth area. Pauline McCallion reports
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Weather risk management association (wrma) articles
Trading volumes of weather derivatives have increased 35% year on year, according to a survey by the Weather Risk Management Association (WRMA).
Swiss Re has hired Brian O’Hearne as a managing director of North American environment and commodity markets within its capital management and advisory arm in New York.
The Weather Risk Management Association (WRMA) today said that its vice-president, Brian O'Hearne, has stepped up to serve as the association's president. O'Hearne is also president and chief executive of Kansas City-based GuaranteedWeather.
Lynda Clemmons, president and chief operating officer of Connecticut-based XL Weather & Energy, has left the weather risk and energy trading company. XL officials said Clemmons did not renew her employment contract and that they do not know her future...
Weather derivatives may not be the most widely traded product on exchanges, but new initiatives and strong trading volume at the Chicago Mercantile Exchange bode well for the development of a mature exchange-traded market. Paul Lyon reports
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future