Company News

Endurance Global Weather Once Again Sweeps Environmental Finance’s Annual Rankings for Weather Risk in all Four Regions

January 28, 2016

For the third year running, Endurance Global Weather made a clean sweep in Environmental Finance’s 2015 Annual Rankings for weather risk, winning Best Dealer/ Structured Product Provider in North America, Europe, Asia and Australia. This year, Endurance Global Weather also received top honors in a fifth category – ‘Best Dealer (Structurer/Arranger) – Catastrophe Risk Management Global.

Commenting on the trend toward more complex customized weather risk protection, Marty Malinow, President of Endurance Global Weather said, “Demand for multiple-trigger contracts is coming from a growing set of customers across an expanding set of industries and a more diverse range of geographies, but we are also seeing much greater demand for more tailored protection from utilities and energy companies than a few years ago.” He added that, “Such ‘multiple contingency’ contracts that incorporate both weather and price are being sold to large energy sector clients as well as newer, smaller customers.”

Read the related articles on Environmental Finance Magazine:

Renewables and El Nino Shake Up the Weather Risk Market
A Maturing Market