Resilience Economics is a computer-powered capital management advisor that crunches global weather, business operations, and financial market data on behalf of our clients seeking weather risk solutions. Resilience Economics was launched in 2018 with $500M of pledged capital from Nephila Capital Ltd.
Weather risk refers to exposure to changes in temperature, precipitation, volume of wind or streamflow, or other natural variables that can impact earnings of corporations and sustainability of governments and municipatilies. The approximate exposure in the US economy alone is $240B but the amount of notional exposure that trades in the weather market each year is less than $10B – we believe it has real growth potential.
Founded in 2017, Resilience Economics is focused on providing solutions to major corporations in aviation, construction, energy, financial services, insurance, logistics, manufacturing, retail, shipping, and transportation sectors.