Line of business: Energy Page 8 / 10
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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.
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- December 16 2020
Australia’s Adani coal mine sees 28th (re)insurer back out
Fidelis has said it won't provide cover for the controversial coal project.
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- October 30 2020
Lloyd’s Apollo makes Adani coal mine reversal
26 (re)insurers have pledged to not provide cover for the controversial project.
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- October 27 2020
Japan’s 2050 carbon pledge to spur market into action
The nation is pivoting towards more committed climate policies, with huge implications for (re)insurers.
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- October 12 2020
Charles Taylor bolsters Asia financial lines team
The new Singapore-based hire will also oversee business interruption across the continent.
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- October 1 2020
MS&AD, Tokio Marine reaffirm climate commitments
They follow in the footsteps of Sompo, who released a climate and coal policy last week.
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- August 31 2020
Markel’s strategic pivot to renewables and Asia
How the specialty player is leveraging the renewable energy drive and demand.
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- August 4 2020
BHSI’s Beltran to oversee Asia head of first party lines
Carlos Beltran moves from Dubai to Singapore for the role.
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- July 23 2020
Aon’s Shepherdson on Asia’s energy market
Broker's Asia head of energy and mining gives her verdict on rates and cover after sector losses.
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- July 20 2020
BMS’s Godden to welcome Aon trio for energy push
Three senior Aon staff will join the specialist broker in August.
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- July 14 2020
Markel appoints Asia global head to spearhead renewables
A renewable energy specialist joins from Aon.
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- June 10 2020
Electric car risks to multiply as Asia sales ramp up
Amid a growing market, especially in China, product liability cover needs to be improved.
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- June 4 2020
Tokio Marine upgrades renewables after GCube purchase
GCube is looking to expand into key Asia markets to underwrite renewable energy risk.
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- March 6 2020
Tokio Marine HCC boosts renewables with GCube purchase
HCC will boost its underwriting capacity and international portfolio, including in Asia.
