For the fifth consecutive year, Sompo Global Weather was awarded top honors in Environmental Finance’s 2017 Annual Rankings for weather risk, as we were named Best Dealer/ Structured Product Provider in Europe and in Australia. For the third consecutive year, Sompo Global Weather was also named Best Dealer (Structurer/Arranger) – Catastrophe Risk Management Global.
The Environmental Finance Annual Market Rankings, now in their 18th year, have become the established industry ranking in the weather risk, carbon, renewable energy certificates, and catastrophe risk markets. This year, 800 companies participated in the survey which asked respondents to nominate the leading brokers, dealers and service providers in the markets Environmental Finance covers.
Commenting on growth within the weather risk management sector across a range of industries and geographies, Martin Malinow, President of Sompo Global Weather, noted that in addition to Energy and Construction, Agriculture is a large and scalable industry which makes it a target-rich vertical for insurance companies. “Demand is definitely increasing,” he says, “We’re very encouraged by growth not only from existing customers but also from new industry verticals beyond energy and from buyers in emerging markets in Asia, South America and Africa”.
Read the Environmental Finance article: More corporates seek shelter from the weather