Worldwide, unfavourable weather conditions are becoming more frequent. NewRe’s global Weather team offers solutions tailored to your weather risks and safeguards your profits against the whims of nature.
Over two-thirds of the world's economy is directly or indirectly affected by volatile weather that can have a substantial financial impact on businesses in developed and emerging economies. Affected sectors include energy and agriculture as well as travel, entertainment, logistics and construction.
As part of MunichRe’s global Weather & Commodity Group, with teams in Zurich, Houston and Munich, we offer tailored risk management solutions that provide financial relief to entities whose revenues are sensitive to the influence of weather. Our financial hedging instruments are used to manage weather-driven fluctuations of financial and operational key performance indicators.
When facing complex risk management situations, industrial entities need a reliable and competent partner to identify solutions to their specific challenges. Our clients benefit from our experience, commitment, and innovative drive. We provide solutions to all and cover the full bandwidth of weather variables incl. specialized indices for agricultural clients, such as yield or vegetation indices.
Our global team has long-standing expertise in developing weather risk-transfer structures offering solutions that provide fast payouts, flexible trigger designs, and lean administrative processes tailored to your specific needs. Our parametric solutions are designed to support and encourage growth as well as develop new business models across industries.
We offer a variety of risk transfer solutions to protect your business from the impact of variable and unpredictable wind, solar irradiation, precipitation and streamflow:
- Traditional and customised reinsurance solutions
- Weather insurance products
- Financial hedging instruments
- Weather index insurance
- Capital market solutions
Our expertise and experience in weather-related coverage, access to the Munich Re Group network, financial solidity and ability to provide substantial capacity enable you to:
- Weatherproof your business
- Mitigate fluctuations in your power generation revenue
- Make your projects more attractive for investors
- Concentrate on your core competences and new projects