Industry Segments: Renewables Page 3 / 3
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- June 15 2023
Carriers bet on APAC renewables despite losses
Underwriters await a market correction as regional investments in innovative projects such as floating solar panels increase.
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- April 17 2023
APAC aviation renewals on course for 50% hikes
Middle and higher XOL treaty layers see steep climbs while terms and conditions are under scrutiny, especially for war risks.
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- March 23 2023
GCube bets on Australia’s green transition
The Tokio Marine-backed MGA’s chief executive Fraser McLachlan discusses Australia expansion and Asia Pacific strategy.
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- February 22 2023
Tokio Marine-owned renewables specialist GCube launches with local paper in Australia
The Sydney-based firm will underwrite on locally authorised paper issued by Tokio Marine & Nichido Fire Insurance Australia.
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- October 27 2022
Rate rises and healthy pipeline power Lloyd’s Asia renewable consortium
The facility’s US$100m capacity could be increased, says Chaucer Singapore CEO Margaret To.
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- October 13 2022
Opinion: Can reinsurers step up to Japan’s offshore ambitions?
Carriers are reluctant to provide capacity for offshore wind farm construction and operational risk covers.
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- September 9 2022
APAC renewables to generate US$59bn of premium by 2035: Swiss Re report
Property and casualty sector global real premiums will grow by around 2.7% in 2023.
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- July 4 2022
Korean wind projects worth US$264m GWP to insurers
Construction of 6GW of offshore wind presents risk challenges, but also an opportunity.
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- April 21 2022
Capacity remains strong for Asia’s renewable energy boom
Major Singapore and Indonesia solar project signed as insurers tested by new technologies in hardening market.
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- April 13 2022
Tokio Marine’s GCube opens Sydney office
The specialist insurer underwrites renewable energy products -- a fast-growing sector in APAC.
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- December 24 2021
Lloyd’s Asia launches renewable energy consortium
Chaucer, Markel and Munich Re Syndicate developed the new offering that will have a maximum capacity of US$100m per project.
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- November 24 2021
Can insurers help ‘keep 1.5 alive’?
A lack of data could hamper the industry’s efforts to play its part in achieving net zero.
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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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- July 23 2021
Asia’s renewable projects poised to squeeze capacity
The region is set for US$200bn of investment in wind farms over the next five years and often in nat cat prone areas.
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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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- June 29 2021
Munich Re’s Singapore syndicate eyes renewables, cyber
The specialty (re)insurer saw double digit growth in 2020 and is in expansion mode.
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- June 1 2021
Chaucer eyes South-East Asia renewables market
The specialty Lloyd’s player is at work on a US$100m onshore renewable energy construction facility.
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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.
