AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm February 16, 2022 By William Mathis, Dinesh Nair and Francois de Beaupuy Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to...
Storms With Hurricane Gusts Set to Batter NW Europe, Driving Wind Power Generation February 16, 2022 By William Mathis and Rachel Morison Storms across northwest Europe are set to drive electricity generation from wind farms to records this week in gusty conditions...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Norway Faces Hard Choices After Wind Turbines Ruled Threat to Reindeer Herder Rights November 2, 2021 By Gwladys Fouche and Terje Solsvik OSLO – Norway faces hard choices over the future of two major wind farms stripped of their licenses for jeopardizing...
People Moves: Ensurance Hires D’Aliesio as Casualty U/W; Chaucer’s Litterick to Occam for Low Carbon Energy; Stephenson to Aqueous as Snr U/W August 3, 2021 This edition of International People Moves covers London-based appointments at three managing general agents: Ensurance, Occam and Aqueous Underwriting. A...
Chubb Launches Insurance for Offshore Wind Farms July 27, 2021 Chubb has announced the launch of an insurance solution for offshore wind farms. Chubb’s Offshore Wind Farm policy has been...
ArgoGlobal Provides Capacity of $25M for Green Finance MGA Tierra Underwriting Ltd. May 13, 2021 ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has formed a partnership with green finance managing general agency, Tierra...
Ryan Specialty’s Renewables MGU Forms Partnership with Generali December 22, 2020 Power Energy Risk (PERse), the largest U.S.-based renewable energy managing general underwriter and a part of Ryan Specialty Group (RSG),...
Freak Weather Risks India’s Renewable Energy Goals, Affecting Insurers, Lenders July 17, 2019 By Anindya Upadhyay India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have...
Urgent Action Needed to Avoid ‘Unthinkable’ Damage from Climate Change: UN October 8, 2018 By Nina Chestney and Jane Chung Society would have to enact “unprecedented” changes to how it consumes energy, travels and builds to meet a lower global...