Energy
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Howden appoints Swiss Re’s Cochrane as head of energy transformation
Howden has appointed Stanley Cochrane as head of energy transformation from Swiss Re, to help clients navigate the changing risk…
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Zurich to roll out new renewable energy products in 2022 and cut air travel by 70%
Zurich is expanding its products and services, including for renewable energy, to help customers transition to net zero, as part…
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Indemnity Legal boosts policyholder team with Curran hire and new office
Boutique law firm Indemnity legal has hired policyholder insurance litigation specialist John Curran as partner from Fenchurch Law and is…
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Insurers will profit by walking away from $17bn oil and gas premium
A leading insurance equity analyst at SocGen in London has told insurers and reinsurers that it would be in their…
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Global energy sector rate increases plateauing, says Gallagher report
Rate increases in the global energy sector are beginning to plateau, according to a Global Energy Insurance Market Update from…
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Africa Specialty Risks launches Bermuda reinsurer
Africa Specialty Risks (ASR), the pan-African reinsurance group, has launched a licensed reinsurance entity in Bermuda. The fast-growing group will…
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HDI Global Malaysia gets new lead
Graham Silton, managing director of HDI Global SE Singapore, has been appointed to the additional role of principal officer for…
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Occam names lead for new renewables unit
Specialty MGA and Lloyd’s coverholder Occam Underwriting has hired Oliver Litterick as director and head of low-carbon energy, with a…
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Lloyd’s launches climate action plan as protest made over its approach to fossil fuels
Lloyd’s has launched a climate action plan to accelerate the transition to a net-zero carbon economy, the day after a…
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Chubb units seek to dismiss $32.6m US jury verdict in coal case
Chubb units are asking a US court in Charleston, West Virginia to grant its summary judgment motion following a $32.6m…
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Climate change and ESG risk become Zurich’s ‘North Star’
The insurance industry and its customers are on a sustainability and ESG journey as the world looks to tackle huge…
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Global insurance industry and UK’s Prince of Wales launch climate change taskforce
The UK’s Prince of Wales has launched a new partnership with the global insurance industry to help drive action to…
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GVNW to focus on risk management and sustainability with photovoltaic energy
The German association of risk and insurance managers, the GVNW, will host a virtual event on photovoltaic systems on 8…
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EBRD and Euler Hermes support investments in green bonds
The European Bank for Reconstruction and Development (EBRD) and Allianz Group’s trade credit insurer Euler Hermes SA/NV have signed a…
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Wind: Mitigating the environmental impact
While the climate case for renewables is undeniable and the economic case is becoming increasingly compelling, clean energy does present…
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Vienna Insurance Group acts on its sustainability commitment
Austrian insurer Vienna Insurance Group (VIG) has updated its underwriting policy for coal power plants, stating: “If no credible exit…
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Insurers stepping up game in promotion of sustainability, finds Anra Congress
The insurance sector can play a key role in promoting sustainable development of businesses and society as a whole, agreed…
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Howden urges insurers to up game on intangible risk
Howden has called on the insurance industry to seriously rethink how it can help corporates transfer mounting intangible risks, which…
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‘Two-tier’ energy market remains tough for many buyers
Energy insurance buyers must navigate a two-speed market, with higher rate increases for less favourable business, while those that suffered…
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Thomas Miller appoints consultant for European growth
Marine and offshore specialty MGA Thomas Miller Specialty has recruited Sven-Erik Braun as a consultant to build the group’s European…