A U.N.-backed campaign to drive faster climate action is toughening the minimum standards for companies p...
Serial Loss and Serial Defect Clauses
The Renewable Energy Sub-Committee (a sub-group of the Joint Power Generation) has produced a Serial Loss clause and a Serial Defect clause...
The Renewable Energy Sub-Committee (a sub-group of the Joint Power Generation) has produced a Serial Loss clause and a Serial Defect clause...
PR / 17 days ago
Renewable energy and power market fears $100mn Californian battery claim
Insurers in the renewable energy and power market fear that losses relating to a series of outages at a Californian battery storage system could result...
Insurers in the renewable energy and power market fear that losses relating to a series of outages at a Californian battery storage system could result...
Article / 24 days ago
Renewable insurers face soaring losses as commodity prices skyrocket: GCube
Insurers in the renewable energy sector are faced with a “soaring cost of losses” following a skyrocketing in the price of raw materials and specialist components, according to GCube...
Insurers in the renewable energy sector are faced with a “soaring cost of losses” following a skyrocketing in the price of raw materials and specialist components, according to GCube...
Article / 1 month ago
Bank of England tells banks to take climate action now or face slashed profits - Reuters
Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England said on Tuesday...
Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England said on Tuesday...
reuters.com /
Article / 1 month ago
Sanctions hit $100mn of upstream income amid small rate rises: Marsh
Russian sanctions have removed around $100mn of potential revenue for profitable upstream premium from the market, where continued oversupply of capacity is leading to improved conditions for clients...
Russian sanctions have removed around $100mn of potential revenue for profitable upstream premium from the market, where continued oversupply of capacity is leading to improved conditions for clients...
Article / 2 months ago
Energy market looks to high oil prices and renewables to plug Russia hole
As turmoil and uncertainty persist in global energy markets following Russia’s invasion of Ukraine, energy underwriters are looking to an uptick...
As turmoil and uncertainty persist in global energy markets following Russia’s invasion of Ukraine, energy underwriters are looking to an uptick...
Article / 3 months ago
London PV market braced for second wind farm loss in Ukraine
The London political violence (PV) market is facing another potential EUR85mn ($93mn) loss from the Primorskaya wind farm in southern Ukraine...
The London political violence (PV) market is facing another potential EUR85mn ($93mn) loss from the Primorskaya wind farm in southern Ukraine...
Article / 4 months ago
London PV market facing potential EUR200mn Syvash wind farm loss in Ukraine
The London political violence (PV) market is braced for a potential EUR200mn ($220mn) loss stemming from the Syvash wind farm in Ukraine...
The London political violence (PV) market is braced for a potential EUR200mn ($220mn) loss stemming from the Syvash wind farm in Ukraine...
Article / 4 months ago
Renewable insurers shifting T&Cs to manage mounting cat losses
Renewable energy insurers are imposing higher deductibles and lower sub-limits on catastrophe-exposed programs as underwriters try to grapple mounting natural disaster losses...
Renewable energy insurers are imposing higher deductibles and lower sub-limits on catastrophe-exposed programs as underwriters try to grapple mounting natural disaster losses...
Article / 6 months ago
Energy Market Update Q3
As the economy looks to rebound from the pandemic, many economies are struggling with a global energy crunch, and with power generation fuel supply lagging behind demand...
As the economy looks to rebound from the pandemic, many economies are struggling with a global energy crunch, and with power generation fuel supply lagging behind demand...
Article / 8 months ago
