All Energy articles
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Soft market for power and offshore energy – two broker reports
Absence of major losses means competitive pricing in power insurance, according to WTW, while offshore renewables faces a long-term soft market, NARDAC said.
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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.
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GCube backs energy storage with new $100m Lloyd’s consortium
BESS consortium led by GCube and backed by six Lloyd’s syndicates will provide up to $100m in capacity for any single project across construction and operation.
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Construction boom to lead expected growth for Gallagher’s Dubai practice
Onshore and offshore construction, M&A and financial lines are the top priorities for the reinsurance broker’s Middle East hub, Nadim Semaan told GR at GAIF34.
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Ascot announces marine and energy treaty launch
Alex Kirkby, head of marine and energy in Bermuda will take the lead, the re/insurer said.
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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.
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Sarah Warren Returns to Argenta as head of energy
This appointment marks Warren’s return to Argenta, having joined the business in 2010 to grow Argenta’s upstream energy portfolio
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Tokio Marine restructures London market teams
London market marine, energy and renewables reshuffle at Tokio Marine HCC International.
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Energy storage market has invisible cyber risks – Aon
The broker warned that a lack of robust cyber-security for critical operational technologies may be a weakness for battery storage risks being underwritten.
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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.
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Antares promotes Eddie Hughes to head of reinsurance
He previously served as class underwriter, marine and energy reinsurance
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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
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Connect launches energy reinsurer Pixel Re
Start-up reinsurer will provide facultative capacity for attachment points of typically $500m and above
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Marsh Specialty's Kolodner to lead Global Renewable Energy
He succeeds Hamish Roberts, who has taken on a new role as Marsh’s UK & Ireland Specialty Growth Leader
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UK specialty MGA launches for hard to place risks
The team is headed up by energy underwriter Philippe Bara and property fac underwriter Mark Palmer
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Miller appoints Matthew Hooker as regional head of Energy for Asia-Pacific
Hooker joins from Allianz Global Corporate & Specialty, where he was Asia Pacific regional head of Energy & Construction
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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?
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IGI to buy Norwegian energy MGA
Upon completion of the acquisition, EIO will be renamed IGI Norway
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Lloyd’s has ‘duty’ to insure Ukraine grain shipments
Chief executive John Neal said Lloyd’s was “the first cab off the rank” when it came to providing insurance coverage
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GCube hires head of London Market Underwriting
Olly Litterick joins from Occam Underwriting Limited where he was director – head of Low Carbon Energy