December 19, 2018
Corporate demand for protection against weather risk has shown healthy growth in the past 12 months, as predicted by the winners of last year’s Market Rankings…
…There’s “a growing awareness of climate change, and that is helping this market,” agrees David Whitehead, co-CEO at Speedwell Weather, which retained its title as Best Advisory/Data Service. “Climate change is here and we’re all seeing the impact … but at least there’s a tool to help manage that risk.”
The fact that rating agencies are paying attention to climate change issues is particularly significant in getting corporate attention, says Claude Brown, partner at Reed Smith, again voted Best Law Firm in the weather markets.