Blockchain Player Arbol / dClimate Reaches Cash Flow Positive From Operations
Sustainable Investing / Blockchain
According to Arbol’s Co-Founder & President Philippe Heilberg. Who posted on LinkedIn today:
“Through Oct 2022, Arbol continues to outperform. The Company continues to be cash flow positive from operations WITH positive returns on the risk we manage on behalf of our risk partners.
Being in the #climaterisk space, not many risk takers can say they are positive this year. But despite the droughts, hot temperatures and hurricanes that Arbol paid out on, we are still making money. #diversification of our risk book is key! Our gross revenues (non GAAP) should hit or exceed its budgeted amounts for 2022 with tremendous growth for 2023. Arbol has established itself as a leader in the #parametricinsurance and derivative space. If you have exposure to climate like warm winters, wind speeds, droughts, hurricanes, and crop yields, please reach out. No deal is too small and we can do fairly large size as well. Onward and upward!”
Arbol Weather Insurance : Arbol’s CEO Opens Up
Sustainable Investing / Blockchain
Blockchain Player Arbol / dClimate Reaches Cash Flow Positive From Operations
