Press

Parameter Climate completes buyout of SiriusPoint stake

Parameter Climate, the market-leading climate risk advisory, distribution and analytics firm, has announced a management buyout of its seed investor, SiriusPoint Ltd (“SiriusPoint”), two years after the launch by its veteran team in October 2021. SiriusPoint will continue to support Parameter Climate with underwriting capacity...

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Malinow’s Parameter Climate gets SiriusPoint investment & backing

Parameter Climate, a parametric risk transfer and climate focused underwriter launched by well-known industry executive Marty Malinow, has received backing from specialty insurance and reinsurance player SiriusPoint...

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Parameter Climate adds former Sompo execs Faure, Pawale, Lofaro & Yuan

Parameter Climate, the parametric risk transfer and climate focused underwriter launched by well-known industry executive Marty Malinow, has added some new hires, all of which have previously worked at Sompo International in its weather risk and parametric risk transfer operations...

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Parameter Climate: Profitable already, targets growth & new capital partners

Parameter Climate, the parametric climate focused underwriter and advisor, has achieved profitability in its first year and now moves forward with an appetite for growth into parametric climate, catastrophe and weather risk transfer, with additional capital sources one avenue that can drive expansion...

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Use of Weather Derivatives Surges

Martin Malinow, founder and CEO of Parameter Climate, was quoted in a recent Reuters report, "It is a sign of a more functional market...

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