Reinsurance News

WRMS

WRMS targets greater climate resilience with expansion into Latin American markets

13th September 2024

Weather Risk Management Services (WRMS), the agriculture and climate risk management firm, is expanding its operation to key markets in Latin America as it works to bring climate resilience for sustainable growth within the region. The strategic expansion will focus on Argentina, Paraguay, Colombia, Brazil, Chile, Ecuador, Peru, Uruguay, and all ... Read the full article

Merchants in India to benefit from WRMS Global & MIC Global new parametric flood resilience cover

19th February 2024

MIC Global, a full-stack embedded micro insurance provider, and WRMS Global, a climate and agriculture risk management company, have partnered to deliver parametric flood resilience cover to merchants and gig workers in India. According to the announcement, this is the first of a series of product innovations responding to increasing events ... Read the full article

SecuRisk ensures the availability of reliable data for risk assessment & pricing: WRMS

29th January 2024

In April 2023, Weather Risk Management Services (WRMS), the agriculture and climate risk management firm, launched SecuRisk, a digital-first global parametric insurance marketplace, that aims to address the gaps and challenges in emerging economies regarding insurance coverage. During a recent interview with Reinsurance News, Anuj Kumbhat, Co-Founder & CEO of ... Read the full article

Parametric insurance a valuable addition to climate risk management landscape: WRMS

25th January 2024

Parametric insurance is said to be significantly disrupting and complementing traditional insurance models across the climate industry, by offering innovative solutions that address the shortcomings of conventional approaches. In the face of climate-related risks, assessing and quantifying damages accurately can be a very challenging task, but through the use of parametric ... Read the full article