Energy
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October 31, 2024
Some energy insurance buyers seeing rate relief: Amwins
Some energy insurance buyers are seeing rate relief and increased capacity in property lines, but the impact of an active…
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October 23, 2024
Generali exits cover for new oil and gas expansions
Italian insurer Generali has announced it will no longer underwrite new projects for oil and gas expansion. The move has…
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October 18, 2024
BHSI names property and energy & construction leads for DACH
Berkshire Hathaway Specialty Insurance (BHSI) has announced dual appointments to its DACH team, naming Lars Messutat as head of general…
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October 17, 2024
Mitigating risks from commercial rooftop solar systems
The development of commercial and industrial rooftop solar photovoltaic (PV) systems around the world is being driven by the demand…
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October 16, 2024
Italians bemoan lack of flexibility and innovation from carriers
Leading Italian risk managers speaking at the recent Anra conference called for more support, innovation and flexibility from insurers to…
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October 15, 2024
Energy transition MGA launches as approved Lloyd’s coverholder
Energy transition MGA Volt Underwriting has launched as an approved coverholder, led by Dale Underwriting Partners’ Lloyd’s Syndicate 1729. MGA…
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October 10, 2024
Munich Re expands primary specialty business to Spain
Munich Re Specialty has announced its expansion into the Spanish primary specialty market from 2025. The company said Spain will…
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October 10, 2024
Lloyd’s agencies called out for fossil fuel policies
Just five out of 51 managing agents at Lloyd’s have committed to stop underwriting risks for new coal mines and…
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October 8, 2024
Power market starting to turn in favour of buyers: WTW
Insurance buyers in the power sector are seeing a “softening” in market conditions after years of enduring a hard market…
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October 3, 2024
Lockton launches dedicated offshore projects practice
A dedicated offshore projects practice to help navigate complex energy, marine and power risks has been launched by Lockton in…
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October 1, 2024
Gallagher highlights softening energy insurance market
The upstream energy insurance market is experiencing a softening trend, with improving terms on property insurance renewals in most subsectors…
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September 16, 2024
HDI Global creates new energy unit to support energy transition
HDI Global has formed a new overarching energy unit to support the energy transition. It said clients and broker partners…
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September 13, 2024
Gallagher opens specialty business in Bermuda
Gallagher has launched a new specialty business in Bermuda offering clients insurance and risk management expertise across financial lines, construction,…
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September 9, 2024
Europe’s solar farms heavily underinsured against hailstorms
Europe’s solar farms are finding it difficult to insure the full value of panels from hailstorm damage, which is slowing…
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September 9, 2024
Thomas Miller launches energy and marine MGA Navata
A new standalone MGA business, focusing on energy and marine, has been launched by Thomas Miller. The new MGA, Navata,…
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August 16, 2024
Markel appoints marine & energy liability lead for international
Grant Smith has been appointed director, marine & energy liability, international specialty at Markel. In his new role, Smith will…
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August 15, 2024
Green exposures steer energy companies to captives
Concerns over climate change are driving more companies to embrace green technology, but the move is changing the nature of…
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August 15, 2024
New insurance cover for CO2 transportation and storage from Marsh
A new insurance solution specifically designed for the transportation and storage of carbon dioxide (CO2) has been launched by Marsh.…
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August 6, 2024
Hurdles remain for energy transition covers
The insurance industry is working to deliver for customers when it comes to the energy transition, but a number of…
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July 30, 2024
Sedgwick unveils claims service for Asian energy market
Claims management service provider Sedgwick has launched a suite of services designed to cater for energy companies in the Asia-Pacific…