China was once seen as a vast, untapped frontier for global risk finance — drawing interest from New York to London. Yet a combination of geopolitical headwinds and trade tensions has cooled expansion plans for many executives hoping to grow their Asian footprint.
That hasn’t stopped real innovation — especially in weather and physical-risk finance, where the market potential is becoming increasingly difficult to ignore.
In this episode, we speak with
Jim Huang, founder of
climateHedge, a firm with operations in both the U.S. and Shanghai. With a background in product strategy at the CME Group and a deep passion for opening Asian markets to weather-derivative trading, Jim is on a mission to educate the Chinese market. We discuss his on-the-ground progress so far — and how he sees weather derivatives, insurance, and reinsurance products evolving over the next decade.
Risk Market Briefing: Inside China’s Bid to Industrialize Weather Risk Trading