Shutterstock.com_1915875745/Marian Weyo
2 October 2025Alternative Risk Transfer

Seeing red: WTW launches parametric insurance based on Met Office weather warnings

Hospitality businesses that have to cancel lucrative private bookings or close ahead of bad weather can now find themselves covered by an innovative insurance policy which pays out even if the impact is not as bad as predicted.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Alternative Risk Transfer
5 February 2026   K-cession grew with book; Hannover Re more likely to tinker with price/terms than volumes.
Alternative Risk Transfer
23 January 2026   Specialty CUO to lead New York team on top of current role.
Alternative Risk Transfer
22 January 2026   As ILS becomes core reinsurance capital, casualty risk is pushing the market back toward bespoke structures, deeper diligence and longer-term thinking.