Latest News

The Bond That Could Be Wiped Out by California’s Wildfires

December 07, 2018

The deadliest blaze in California’s history is threatening to cause losses for investors who purchased the first catastrophe bond designed specifically to cover wildfire risk. San Francisco utility giant PG&E Corp. PCG -2.09% sold the $200 million bond in August to insure against liability from future infernos. Three months later the Camp Fire in Northern California burned more than 18,800 structures and […]

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Managing Risk through Parametric Insurance – Risk & Compliance Magazine

December 06, 2018

Members of the WRMA Board of Directors participated in a mini-roundtable to discuss managing parametric insurance risk with Risk & Compliance Magazine. To read the full article follow the link found here.

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WRMA at the International Energy Credit Association (IECA) European Meeting, Budapest. 1-3 July 2018

July 25, 2018

Ralph Renner and Claude Brown joined over 100 credit officers and service providers at the IECA’s* 32nd European Regional Education Groups Annual Conference in Budapest 1-3 July 2018. Ralph spoke to the Meeting on behalf of WRMA on the topic of  “Credit and Weather Risk Management”. The presentation was well received by the delegates with many […]

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WRMA Refreshes its Mission Statement

November 14, 2017

WRMA’s Board of Directors recently evaluated the mission statement of the Association in order to refresh the wording and make this statement more clearly convey WRMA’s goals. The previous mission statement (“to enhance public awareness of the weather risk industry and promote the growth and general welfare of the weather risk market”) has been revised […]

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Hurricane Harvey highlights magnitude of insurance protection gap, according to Aon outlook report

September 15, 2017

MONTE CARLO, Monaco, Sept. 11, 2017 /PRNewswire/ — Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE: AON), today releases the September 2017 edition of its Reinsurance Market Outlook report, which assesses the key drivers of reinsurance supply and demand in the approach to the January 1 renewals…. Read The Article

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