Reinsurance News

Live webcast: The Power of Parametric Solutions for Climate Resilience

26th April 2021 - Author: Katie Baker -

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The Weather Risk Management Association (WRMA) and sister publication Artemis have partnered to host a live webcast on April 29th 2021 to discuss the role of parametric solutions in supporting climate resilience.

Register online here to secure your place at this free live webcast event.

The webcast will feature senior leaders from across the weather risk management and re/insurance space.

For over 20 years, parametric triggers have been used to manage adverse and extreme weather risks, with the development of weather derivatives having shown a way to calibrate risk protection using peril-related data.

At the same time, the parametric trigger began to be used in insurance products and even in insurance-linked securities (ILS) instruments, featuring in some very early catastrophe bonds.

In today’s world, the use of parametric risk transfer adoption is increasing, as more granular and abundant data, combined with technology and an increasing number of capacity providers looking to underwrite risk on a parametric basis, collide to heighten the availability of a growing parametric solution set.

With climate change and climate related risks driving increasing economic losses across the globe, risk managers and risk protection buyers are acutely aware of the need to increase their resilience to weather and climate risks.

This is just one of the topics Artemis will be discussing in our upcoming live webcast: The Power of Parametric Solutions for Climate Resilience, which is being supported by sponsor Descartes Underwriting.

Joining moderator Steve Evans for this webcast are:

  • Daniel Vetter, Head of North America, Descartes Underwriting.
  • Alain Lagesse, Director Group Risk Management, LVMH.
  • Julian Roberts, Managing Director, Risk & Analytics, ‎Willis Towers Watson.
  • David Whitehead, Co-CEO, Speedwell Weather.

Register online here to secure your place at this free live webcast event.

The webcast event will be live and free-to-attend will be held at 11am EST (4pm BST) on April 29th 2021. It will also be available on-demand, so if you can’t make the live broadcast it’s still worth registering for the webcast.