Harnessing the power of risk capital to drive climate action

I led an ILS business that invested in climate-linked risk transfer instruments. My work at Nephila and Nephila Climate involved the following:Building a global origination/business development channel for climate-linked risk transfer, specifically for renewable energy and agriculture. De-risking over 4 GW of renewable energy projects globally (wind and solar) for debt and equity financing, immensely contributing to the growth of green energy and net zero. Providing… Show more I led an ILS business that invested in climate-linked risk transfer instruments. My work at Nephila and Nephila Climate involved the following:Building a global origination/business development channel for climate-linked risk transfer, specifically for renewable energy and agriculture. De-risking over 4 GW of renewable energy projects globally (wind and solar) for debt and equity financing, immensely contributing to the growth of green energy and net zero. Providing reinsurance coverage in the agriculture space, benefiting millions of farmers in markets such as India, China, Africa and in the US. Raising capital, managing multiple funds and associated vehicles. Pioneering a new climate-linked business line. Co-creation of the Proxy Revenue Swap (PRS) and associated products, that are now widely recognized alternative PPA solutions across the global renewable energy market. The development of risk transfer solutions for battery storage and other complex businesses. Partnering with several climate-tech, agtech and insurtech companies globally. The creation of several innovative risk transfer solutions to support project finance transactions, M&A transactions, balance sheet de-risking, prop trading etc. Serving as Director for several in-house ILS funds and reinsurance vehicles. Management of diverse teams of experts.Collaboration with counterparties and partners across several brokerage firms, investment banks, reinsurance companies, multilateral institutions (World Bank, IFC), energy utilities, structuring desks, infrastructure investment firms, project development companies etc. Show less

Ran Nephila’s weather & climate risk transfer investment strategy. The role involved portfolio construction and management, technology and analytics, investor relations, business development, structuring, underwriting and people management. Played leading roles in several risk transfer transactions, many of them with multinational corporations and global financial institutions. Interacted daily with thought leaders from trading counterparties, investment firms, intermediaries and service… Show more Ran Nephila’s weather & climate risk transfer investment strategy. The role involved portfolio construction and management, technology and analytics, investor relations, business development, structuring, underwriting and people management. Played leading roles in several risk transfer transactions, many of them with multinational corporations and global financial institutions. Interacted daily with thought leaders from trading counterparties, investment firms, intermediaries and service providers from across the globe. Show less

I started out as a Nuclear Design Engineer after grad school. I later pivoted to Financial Engineering and ended up taking on various roles related to Energy Finance:• Supervised a team of advanced quantitative and risk management analysts• Led risk management analytics for long-term energy commodity transactions• Managed the development of decision and risk analytics systems for energy markets• Provided in-house consulting for the development of Asset and Liability… Show more I started out as a Nuclear Design Engineer after grad school. I later pivoted to Financial Engineering and ended up taking on various roles related to Energy Finance:• Supervised a team of advanced quantitative and risk management analysts• Led risk management analytics for long-term energy commodity transactions• Managed the development of decision and risk analytics systems for energy markets• Provided in-house consulting for the development of Asset and Liability Management (ALM) models• Led the development of enterprise risk management policies and processes• Played key roles in the negotiation of several power purchase agreements• Developed and trained professional management trainee hires • Provided risk analytics support to OPG joint-venture projects• Led the development of financial risk analysis for new power generation investments Show less