Arbol, the global climate risk coverage platform, has executed an innovative parametric risk transfer on the NASDAQ Veles California Water Index NQH2O. A first-of-its-kind trade, which has a call spread option that expires on June 20, 2024, represents a major step in managing climate-related financial risks, particularly within the water sector. The NASDAQ Veles California [...] The post Arbol executes unique parametric risk transfer in water risk management appeared first on ReinsuranceNe.ws.
Arbol is a New York-based risk coverage platform that offers solutions such as climate risk management, crop yield prediction and reinsurance for farmers and enterprises.