Industry Segments: Energy Page 6 / 8
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- December 8 2021
WTW taps AIG exec for Australasia growth role
Kishan Dashan handed construction and natural resources remit starting December 13 in Melbourne.
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- December 2 2021
Indonesia’s Tugu ‘dominates’ energy, aviation and marine: AM Best
The company has "high reinsurance usage" to support the underwriting of large commercial risks.
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- October 28 2021
Parima 2021: Institutional capital an alternative to traditional capacity
Aon's new Asia CEO cites ability of pension funds and sovereign wealth funds to provide the market with different options.
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- October 27 2021
Parima 2021: PPPs make green energy projects viable
Insurers say renewable business lines have struggled with profitability for many years.
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- October 13 2021
Markel bolsters APAC energy team with two underwriters
Max Robbie and Yong Ruay Heah previously worked at Oman Insurance and Aon, respectively.
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- October 4 2021
Tokio Marine backs out of thermal coal mining projects
Japan's top three P&C insurers had already stopped underwriting new coal power projects.
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- September 15 2021
Renewable energy risks climb in Asia: Lloyd’s webinar
Solar and wind farms are more susceptible to nat cats than traditional forms of energy.
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- August 26 2021
Asia energy rates feel the heat from oil prices, ESG and Covid
Lloyd's players highlight a moderate to stable market that has seen some double-digit increases.
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- July 15 2021
Asia’s energy insurers eye green hydrogen boom
New plants and pipelines worth billions of US dollars will need innovative risk solutions.
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- July 13 2021
Asia power & energy insurance renewals stable in Q2: Marsh
The global broker says the renewable energy sector is still “running hot” in the APAC region.
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- May 19 2021
Velesto oil rig claims to top US$100m
Experts say the final payout for the sunken Naga 7 will depend on whether wreck removal is required.
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- May 12 2021
Sedgwick Asia director to join Charles Taylor: sources
Stephen Hope is set to join the adjuster's onshore energy and mining division.
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- April 28 2021
Offshore wind farm innovation has trade-offs: Scor
Insurance needs to protect the risks associated with the new technology required to lower costs.
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- April 27 2021
Tugu Insurance Hong Kong appoints new CEO
Kenny Pang has over 30 years of experience including at AIG and Dah Sing Insurance.
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- April 9 2021
‘Realistic’ capacity has decreased in China’s upstream market: WTW
There is currently around US$500m of upstream capacity.
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- April 7 2021
Pertamina Indonesia refinery loss to hinge on BI cover
Initial reports suggest the losses from the Balongan fire could be larger than US$50m.
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- January 19 2021
China’s offshore wind market ‘soft’ but profitable: WTW
Loss hit small hydroplants have seen premium rises of up to 50%.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 17 2021
Asia’s downstream market saw a ‘sea change’ in 2020
Marsh/JLT Specialty report notes that majority of energy and power operations remain (re)insured within the region.
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- January 6 2021
Asia’s offshore wind rush creates reinsurance challenge
A lack of historical loss data creates hurdles for underwriters.
