Celsius Pro

CelsiusPro is delighted to talk about Insurtech for the Indian PMFBY scheme at the 5th Asia Agriculture Insurance conference in New Delhi 20-21 September. 

The PMFBY Portfolio Pricer is a web-based tool for (re)insurers to effectively and efficiently calculate loss costs for the tender of the Pradhan Mantri Fasal Bima Yojana (PMFBY) agricultural insurance scheme. The easy-to-use tool enables local insurers to consistently price any crop insurance for the PMFBY. The Pricer handles up to 10 crores burning cost calculations within seconds and allows full flexibility in setting or changing model parameters and loadings. 

You can find more details on the Pricer in the Press Release on our homepage and the exact schedule of our speaking slot within the Program of the 5th Asia Agriculture Insurance Conference.

For further information please contact: info@celsiuspro.com

 

 

The InsuResilience Investment Fund (IIF) has initiated the development of a new set of rainfall data for Latin America to address the region’s specific climatic challenges.

The new data set will serve as the basis for the introduction of parametric insurance for a better management of agriculture risks throughout the continent. CelsiusPro acts as the Technical Assistance Facility Manager of the IIF.

Link to full article

CelsiusPro manages technical assistance for national agricultural insurance scheme in Armenia

To address the risks related to climate change and adverse weather, private and public partnerships can fill the void of agricultural insurance. CelsiusPro’s consultancy services and expertise in technical assistance play an important role for the implementation of agricultural insurance in Armenia.

Link to full article

CelsiusPro’s products help to mitigate NatCat risks

The World Economic Forum (WEF) analyzed the most pressing global risks and declared extreme weather events to be the most serious peril in the global risk landscape. This – and the effects of climate change in general ­– presents insurers with great challenges. CelsiusPro offers products to insurers that help to mitigate these risks.

Link to full article

Watch CelsiusPro’s Katarina Baricova talk about InsuResilience Investment Fund and it’s role in closing the insurance protectiongap

CelsiusPro as Technical Assistance Facility manager of the InsuResilience Investment Fund (IIF) attended recently a conference on index-based insurance organized by GIIF in Dakar. Watch our Katarina Baricova talk about IIF, index-based insurance and closing the protection gap.

Press Release
CelsiusPro launches new Crop Insurance Pricer for India

CelsiusPro introduces the new PMFBY Portfolio Pricer, a highly efficient pricing tool for the PMFBY insurance scheme in India. The PMFBY crop insurance scheme was initiated by Prime Minister Modi in 2016. The easy-to-use tool enables local insurers to consistently price any crop insurance for the PMFBY.

Link to full article

Press Release
World Bank Group and CelsiusPro Partner to Expand Access to Finance for Ukrainian Farmers by Innovative Agri Insurance Product

The World Bank Group and CelsiusPro AG have partnered to make agricultural insurance in Ukraine more affordable for smaller companies, expanding farmers’ access to financial services and helping boost agricultural productivity.
Link to full Article

Press Release
Launch of unprecedented Climate Insurance Fund aiming to improve the resilience of the world’s poor to extreme weather events

BlueOrchard, partnering with CelsiusPro, is proud to announce its appointment as Fund Manager of the Climate Insurance Fund (CIF) after a rigorous international tender process. The mandate marks yet another innovation milestone for the impact investing pioneer. The Climate Insurance Fund is an unprecedented thematic fund designed to reduce the vulnerability of micro, small and medium enterprises as well as low-income households to weather-related threats.
Link to full Article

Press Release
CelsiusPro Australia wins Australian Insurance Industry Awards 2014 in Category Innovation

Weather risk management specialist ‎ CelsiusPro Pty Ltd has been awarded the Australian Insurance Industry Award for the category Innovation of the Year. Amongst other awards, the ANZIIF looks to recognize new products and companies in the market, which aim to bring change and innovation.
Link to full Article

Press Release
CelsiusPro nominated for Australian Insurance Innovation Awards 2014

CelsiusPro Pty Ltd has been shortlisted for an Australian and New Zealand Institute of Insurance and Finance (ANZIIF) Innovation Award for 2014. Amongst other awards, the ANZIIF looks to recognize new products and companies in the market, which aim to bring change and innovation.
Link to full Article

News
Drought Insurance for Ethiopian Farmers

The absence of rainfall during critical cropping times is one of the biggest risks to subsistence farmers in the Horn of Africa region. Droughts such as the 2011 East Africa Drought have threatened millions of livelihoods. In collaboration with the Ethiopian Ministry of Agriculture and the Japanese International Cooperation Agency (JICA), CelsiusPro designs and structures weather index insurance for smallholder farmers to pay out in the event of rainfall deficit.
Link to full Article

Swiss Derivatives
OTC Weather Derivatives

Despite impressive advances in technology, nobody can control the weather. We can predict the weather shortterm, but cannot prevent it from happening. This frustrates many CFOs and shareholders of companies whose bottom line is impacted by weather. Since investors are looking for stable returns, weather derivatives were introduced more than a decade ago as risk management products to reduce financial risk associated with adverse or unseasonal weather conditions.
Link to full Article

Press Release
Stefan Lippe and Jürg Haller join CelsiusPro AG Board

The board of CelsiusPro welcomes Stefan Lippe and Jürg Haller as new board members. Mark Rueegg, founder and CEO of the firm announces that he stepped back from his Chairman position which is now held by Stefan Lippe. Juerg Haller joins as non-executive board member. The two new board members have extensive leadership experience at the largest Swiss reinsurance company Swiss Re and the largest Swiss bank UBS.
Link to full Article

NZZ
50,000 Franken auf einen eisigen August

Ob zu feucht, zu trocken, zu heiss, zu kalt oder in den seltensten Fällen gerade richtig – das Wetter ist ein unverfängliches Thema für Gespräche mit Arbeitskollegen und Zugbekanntschaften. Für Unternehmen kann die falsche Wetterlage aber drastische Folgen haben.
Link to full Article

Finanz und Wirtschaft
Wetterderivate zur Existenzsicherung

Wetterzertifikate für Kleinstbauern – CelsiusPro liefert das nötige Know-how. Das äthiopische Landwirtschaftsministerium hat mit Japans International Cooperation Agency (JICA), einer Entwicklungsorganisation, nach einer Lösung gesucht