All energy transition articles
-
News
GCube: Extreme weather is global threat to renewables
Renewable energy insurer GCube, owned by Tokio Marine HCC, released a report that is a warning, but also a call to adapt, collaborate, and build resilience into the global renewables market.
-
News
Willis warns of ‘profitability tightrope’ for energy insurers
Willis’s global head of natural resources, Rupert Mackenzie, warned that insurers’ profitability challenges are mounting.
-
News
Willis clean energy study finds ‘natural resources at tipping point’
Willis launched its 2025 Global Clean Energy Survey, finding long-term clean energy plans are ambitious despite short-term fossil fuel plans.
-
News
Climate, technology and geopolitics lead 2025 risks – Beazley CEO
Three overarching key risk areas emerged from Beazley’s ‘Risk & Resilience Predictions for 2025’, the re/insurer’s CEO, Adrian Cox revealed.
-
News
Renewables showing resilience, optimism – WTW report
A report from the broking firm is upbeat on the renewable energy sector’s prospects to “weather the storm” of the risks and challenges it faces.
-
News
Aon launches first comprehensive carbon capture and storage product
The re/insurance broker said its insurance solution to support energy transition is the first of its kind.
-
News
Aon promotes Clarke to lead renewables, Global Broking Centre and UK
Clarke was most recently a member of the risk management team at BP and in her new Aon role will report to Jon Wiegand, Aon’s head of power, within its Global Broking Centre.
-
News
Lloyd’s launches consultation on insuring lower-carbon economy transition
The Lloyd’s market has released a consultation on its roadmap for insuring the transition to a green economy.
-
News
Energy pricing, transition pushing back climate focus – Beazley
Current fears about energy prices and the need to transition may be blinding insureds to the existential threat that climate change poses, London market specialty insurer Beazley warns.
-
News
Energy profits fragile and polarised despite rates firming – WTW
Willis Towers Watson Energy Market Review concluded pricing is likely to remain firm, but renewables represent risk management uncertainty, offshore construction is unprofitable, and upstream energy’s profitability could be broken by a single mid-sized loss event.
-
News
Chubb launches dedicated climate transition unit
The unit brings together traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering
-
News
Korean Re adopts coal-exit strategy
The move by Asia’s second largest reinsurer is welcomed, but there are calls to restrict coal from its treaty business
-
News
RSA launches low-carbon underwriting policy
Insurer has committed to achieving an underwriting portfolio for energy production that is over 75% low carbon by 2030
-
News
Extinction Rebellion activists target Baden Baden meeting
Meanwhile, Insure our Future puts the spotlight on the controversial East African Crude Oil Pipeline project
-
News
Munich Re announces major new oil and gas policy
As of 1 April 2023 reinsurer will no longer invest in or insure projects exclusively covering new oil and gas fields
-
News
Insuring the transition
The industry has a ‘once in a lifetime’ chance to support the transition to Net Zero. So what are we waiting for?
-
News
Marsh launches green and blue hydrogen insurance facility
Led by AIG and Liberty Specialty Markets, the facility offers up to $300m per risk including cover for property damage and BI
-
News
Ukraine: A ‘Matrix moment’ for climate change
The choices governments make in response to the Ukraine conflict might either accelerate or delay the global transition to net-zero emissions
-
News
IGI to buy Norwegian energy MGA
Upon completion of the acquisition, EIO will be renamed IGI Norway
-
News
ILS capacity will be essential for energy transition risks
Innovative risk transfer solutions will be needed for emerging technologies as energy markets transition, says Neil Eckert