The unpredictability of the wind has inspired poets and songwriters since time immemorial. If you’re a wind farmer, though, it can play havoc with your earnings. How do you take the guesswork out of trying to harness an elemental force?
A major client shows up during crunch season with a complex deal that needs to close before yesterday. You can say no. Or you can say yes – and, given the right talent and a bit of improvisation, end up with something that works to everyone’s advantage.
At NewRe, taking on risk is second nature. But joining forces with the ICRC to finance humanitarian aid meant taking on a whole new world of risk. Rebecca Cichon talks about the promise and complexities of applying private sector solutions to public sector problems.
There are many paths to success. In devising innovative solutions tailored to a client’s needs, a young and talented P&C team at NewRe impressed the client with their efficiency and commitment – and landed a new line in a coveted casualty market.