Latest News

Aon: U.S. catastrophe & weather economic losses pass $1bn in February

March 10, 2016

Economic losses caused by catastrophe and weather events in the U.S. in February 2016 are expected to surpass $1 billion, while the insurance and reinsurance industry will deal with losses “well into the hundreds of millions (USD)” according to broker Aon. Severe convective thunderstorms resulted in the highest number of February tornadoes in the U.S. […]

Read More

Weather Information is Big Business

October 29, 2015

The value of weather data can go up to the billions, said Chris Hyde, director of weather marketing and a meteorologist with MDA Weather Services, a consulting firm. “People who are being impacted by extreme weather and climate change are all the sudden finding out that they can use weather information strategically to plan where they want  to build […]

Read More

Speedwell Weather announces the launch of the Speedwell-Market

September 29, 2015

September 29th, 2015, HARPENDEN, HERTS, UK – Speedwell Weather today announced the release of the new Speedwell-Market platform. The Speedwell-Market is designed to help facilitate weather hedging for energy market participants by providing data and tools for sixty key markets in the USA, Europe and Australia. Contracts based on HDD, CDD and Cumulative Average Temperature for monthly and seasonal structures […]

Read More

De-Risking a Risky Business

August 19, 2015

Risk is at the heart of every wind development, particularly offshore. No-one can be certain how hard the wind will blow, how the turbines will cope over the years or how difficult installation or maintenance will be. And with political instability and financial constraints in many countries, developers can no longer be sure they will […]

Read More