Index-based risk transfer has a key societal role to play, in providing protection to support issues such as the renewable energy transition, covering extreme weather catastrophe events, and helping support access to scarce resources, newly renamed Speedwell Climate has said.
Speedwell Weather Ltd. and its associated companies have been serving the need of parametric, or index-based, weather risk transfer users since 1999.
But with that market having broadened, while risk transfer has innovated to create a much wider range of structures relating to renewables, climate, and environmental risks, Speedwell Weather is now being formally rebranded as Speedwell Climate.
FULL ORIGINAL PUBLICATION HERE
