About the Weather Risk Management Association

The Weather Risk Management Association (WRMA) was created in 1999 as the industry association for weather risk management professionals. WRMA strives to enhance public awareness of the weather risk industry and promote the growth and general welfare of the weather risk market.

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Latest News

WRMA Sets Dates for 2015 Events

(February 25, 2015 – Washington, DC) The Weather Risk Management Association (WRMA) announced the dates for its 2015 event calendar. This year WRMA will be hosted in Chicago at CME’s downtown offices on June 17-19 for its 17th Annual Meeting. The 16th European Meeting will…
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WRMA Launches New Website

(February 25, 2015 – Washington, DC) The Weather Risk Management Association (WRMA) announced the release of its new website www.wrma.org. The new site is positioned to serve as a resource for current and potential users of weather risk management products.  With a more robust resource…
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Climate Insurance Fund signs up BlueOrchard & CelsiusPro

ARTEMIS  FEBRUARY 23, 2015 The Climate Insurance Fund, an initiative set up by German Development Bank KfW, aiming to improve access to and the use of weather and climate insurance in developing countries, has signed up BlueOrchard partnered with weather index insurance specialists CelsiusPro, to manage…
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Willis Capital Markets & Advisory Extends Global Presence

NEW YORK, Feb. 24, 2015 (GLOBE NEWSWIRE) — Willis Capital Markets & Advisory (“WCMA”), part of Willis Group Holdings plc (NYSE:WSH), the global risk advisor, insurance and reinsurance broker, has today announced that Managing Director, John D. Philipsz, has relocated from London to establish WCMA…
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Sapient Global Markets’ CMRS wins ‘Best Risk Management Solution – Innovation’ at 2015 Wall St Letter Awards

February 23, 2015 — Boston, USA — Sapient Global Markets, a part of Publicis.Sapient, and leading global provider of business technology and consulting services for the capital and commodity markets, today announced that its Compliance Management Reporting System (CMRS) has been named ‘Best risk management…
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Speedwell Weather expands commodity weather risk data product

Speedwell Weather, a provider of weather data, forecasts, analytics, software and consultancy to the weather risk management and derivatives market, has expanded its Speedwell Commodity Product to enhance the granularity of data available. The Commodity Product is used to inform anyone for who visibility of…
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2 million African farmers insured for weather & catastrophe risks: Swiss Re

( January 29, 2015 – Artemis) One of the world’s largest reinsurance firms, Swiss Re, recently announced that two million African smallholder farmers are now protected against drought, floods and other natural perils, thanks to the efforts of the World Bank and Swiss Re Corporate…
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Speedwell Weather Announces an Expansion of South American Coffee Monitoring in Its Commodity Product

CHARLESTON, SC–(Marketwired – January 29, 2015) – Speedwell Weather is pleased to announce the continued expansion of the Speedwell Commodity Product. The latest addition focuses on increasing surface observation density in the important coffee producing regions of Brazil and Columbia. By expanding our access to…
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Reinsurance Execs See Market Adjusting to New Realities

(January 20, 2015 – Insurance Journal) Aon Benfield’s Reinsurance Market Analysis describes the participants as having “reached the end of a 15 year journey, featuring chronological stages of alternative capital’s significance, completion and finally disruption.” From the interviews with two  reinsurance industry executives that seems…
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2014 Cat Losses Low Due to Quiet Weather: MunichRe

(January 12, 201 -, Claims Journal) The absence of very severe catastrophes and a quiet hurricane season in the North Atlantic meant that losses from natural catastrophes in 2014 were much lower. In North America, overall losses of $30 billion and insured losses of $18…
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