The Weather Risk Management Association (WRMA) and Artemis have partnered to host a live webcast on April 29th 2021 to go over the role of parametric options in supporting environment durability. The event will feature senior leaders from throughout the weather condition danger management and re/insurance space.Register online here to protect your location at this complimentary live webcast occasion.
Parametric sets off have remained in used to handle negative and severe weather threats for more than 20 years, with the advancement of weather derivatives having actually shown a method to calibrate danger security using peril-related data.
At the very same time, the parametric trigger started to be used in insurance products and even in insurance-linked securities (ILS) instruments, featuring in some very early disaster bonds.
Fast-forward to today and parametric risk transfer adoption is accelerating apace, as more granular and abundant information, combined with innovation and an increasing number of capability suppliers wanting to finance danger on a parametric basis, clash to heighten the accessibility of a growing parametric service set.
With environment change and environment associated risks driving increasing financial losses around the world, risk supervisors and run the risk of security buyers are acutely familiar with the requirement to increase their strength to weather and climate threats.
So, in this WRMA webcast, kindly supported by sponsor Descartes Underwriting, we will expose how parametric solutions can offer an effective option to conventional insurance mechanisms for safeguarding against the monetary effect of extreme weather condition occasions and environment variability.
This free-to-attend and live webcast event will be held at 11am EST (4pm BST) on April 29th 2021. It will also be offered on-demand, so if you cant make the live broadcast its still worth registering for the webcast.
Our professional panellists will talk about: why parametric services can be a crucial tool in structure resilience versus climate associated risks; what danger supervisors need to know about the range of alternatives available; why parametric options can be a lot more enticing in a hard home insurance market; and why danger security purchasers must consider them within their suite of risk financing plans.
Registration is free and participants can expect a vibrant discussion on a few of the chances provided by parametric solutions for those exposed to environment related risks.
Signing up with moderator Steve Evans for this webcast are:
Daniel Vetter, Head of North America, Descartes Underwriting.
Alain Lagesse, Director Group Risk Management, LVMH.
Julian Roberts, Managing Director, Risk & & Analytics, Willis Towers Watson.
David Whitehead, Co-CEO, Speedwell Weather.
We hope you will have the ability to join us for the webcast, please register now to protect your totally free participation