Energy

Annual insurance patents for clean energy and carbon capture doubles since 2014: GlobalData

July 17 2024

The insurance industry's move towards net-zero is evident in the rise of published patents.

gcube-launches-battery-energy-storage-sector-consortium-with-lloyds-syndicates

GCube launches Battery Energy Storage System consortium with Lloyd's Syndicates

July 17 2024

New consortium offers up to US$100m in coverage, a move likely to impact the growing BESS market in Australia.

Zurich and Aon launch clean hydrogen insurance facility

July 2 2024

Facility targets low-carbon methods of hydrogen production, supporting global projects with expenditures up to US$250m.

Stephen Hanna joins AIG as Head of Energy and Construction, Pacific

June 29 2024

Hanna joins AIG following seven years with Chubb.

japanese-insurers-finding-balance-between-esg-investor-pressure-and-policyholder-interests-fitch

Japanese insurers balancing ESG pressures: Fitch

June 20 2024

ESG efforts catching up with overseas peers, but scrutiny remains because of country's renewable energy dilemma.

Everest names Arthur Constantinou as Head of Energy and Construction, Pacific

June 17 2024

Constantinou joins following 11 years with Zurich Australia.

Low loss ratios drive growth in Australia’s battery energy storage insurance market

June 4 2024

Capacity is flooding the market, but a reluctance to take lead position keeps rates high.

australias-2024-25-budget-sees-boost-to-disaster-resilience-funding-and-new-insurance-taskforce

Australia’s 2024-25 Budget: Disaster resilience funding boost and new insurance taskforce

May 15 2024

Australia commits to enhancing disaster preparedness and propelling nation to be a "renewal energy superhouse," but ICA cautions further investment in resilience and mitigation is crucial.

lockton-korea-ceo-aims-to-double-sales-by-2028-through-organic-growth

Lockton Korea aiming to double sales by 2028 says CEO

May 10 2024

CEO Ben Son says business plans to double sales organically through focus on commercial risks including property, liability, and technology.

china-sets-2030-goals-for-green-insurance-development

China sets new 2030 goals for green insurance development

April 26 2024

New guiding opinions outlines roadmap for the insurance industry to support China's environmental and carbon neutrality goals.

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