Indices & Benchmarks
Make More Risk Measurable
Financial markets depend upon trusted ways to describe and measure what is being transacted. Weather risk is no different.
An index can translate temperature, wind, precipitation, snowfall, drought, renewable generation, or another observable condition into a defined measurement that market participants can analyze, price, hedge, insure, and ultimately settle against.
The quality and independence of that measurement matter. Buyers, underwriters, traders, carriers, reinsurers, and capital providers need confidence that the index is clearly defined, reproducible, and appropriate to the exposure being managed.
ClimateDelta is designed to support an expanding ecosystem of independent indices and benchmarks.
An index provider can bring its methodology, intellectual property, market credibility, and specialized expertise. ClimateDelta can provide the environment in which that index becomes usable across the broader weather-risk lifecycle: historical analysis, exposure modeling, product or program design, pricing, underwriting, portfolio management, monitoring, and settlement.
This creates value on both sides.
ClimateDelta users gain access to a broader range of trusted methodologies rather than being limited to a single source. Index providers gain another pathway through which their intellectual property can be used in real financial products and insurance programs.
Over time, the breadth of available indices can expand the boundaries of the market itself. A new benchmark can make a previously difficult exposure measurable. Once measurable, it can become analyzable. Once analyzable, it may become transferable.
That progression sits at the heart of the Weather Risk Economy.
More indices. More measurable risk. More opportunities to manage it.