Reinsurance News

Munich Re’s weather division hires John Coleman for agriculture origination

20th September 2023 - Author: Jack Willard -

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John Coleman has been appointed to the role of Managing Director of Origination – Agriculture – North America at Munich Re Trading LLC, the Weather and Commodity Group of reinsurance giant Munich Re.

Coleman is an experienced specialist in parametric and index-based insurance solutions for weather, commodity and agriculture related sector.

At the same time, he has been the Director of Structuring & Origination at eWeatherRisk, Inc. for a period of almost eight years.

He joins the firm after working for more than three years at Arbol, a global climate risk coverage platform and FinTech company.

During his tenure at Arbol, Coleman served as Head of Agriculture for just over one year, and Head of Structuring for just under two years.

Moreover, Munich Re Trading LLC provides tailored risk management solutions designed for all industry sectors impacted by an increase in non-catastrophic weather variabilities.

The parametric weather derivative products that the division offers, can enable businesses – including those in agriculture – to offset the effects of weather variability, smoothing revenues and protecting the bottom-line.