carbon credits

New Energy Risk secures first tax credit insurance transaction

26th September 2025

New Energy Risk (NER), a specialist managing general underwriter and a wholly owned division of Paragon Insurance Group, has announced its first tax credit insurance transaction, in partnership with the tax insurance broker at Alliant Insurance Services. NER has bound its first tax credit insurance policy to support a utility-scale solar ... Read the full article

Oka launches green credit insurance offering

21st August 2025

Oka, the US carbon-credit insurance carrier, has announced the expansion of its climate risk solutions with the launch of a new green credit insurance offering. The expansion builds on Oka’s carbon products, and aims to de-risk a wider range of sustainable finance projects. Oka’s expanded suite now includes coverage for:

• Transition project

Gold Standard appoints Howden to assess policies for aviation carbon credit scheme

17th July 2025

Howden, the global insurance and reinsurance broking group, has been appointed by Gold Standard to approve insurance policies that support the eligibility of carbon credits for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). CORSIA is an initiative developed by the International Civil Aviation Organisation (ICAO) to reduce carbon ... Read the full article

Mosaic develops hybrid coverage to support orphaned well projects in North America

19th June 2025

Mosaic Insurance, a specialty insurer focused on complex and emerging risks, has introduced a new product aimed at supporting efforts to remediate abandoned and orphaned oil and gas wells across North America. The company’s environmental division has created a hybrid insurance solution that combines elements of pollution and well control coverage. The ... Read the full article

Aon’s new US well-plugging solution to help mitigate risk in carbon credit market

14th April 2025

Aon’s Climate Risk Advisory and environmental risk solutions teams have developed a new specialty insurance product to cover liabilities and mitigate the risk associated with the plugging of abandoned oil and gas wells in the US. The new Plug and Well Exit Liability product, created in collaboration with U.S. environmental firm ... Read the full article

Kita expands underwriting capacity amid growing demand for carbon insurance solutions

26th March 2025

Lloyd’s of London coverholder Kita has significantly increased its underwriting capacity for 2025, securing £22.5 million capacity for carbon credit risks across the globe. According to Kita, this new development demonstrates the market's recognition of insurance as a solution to de-risk high-quality carbon projects, underscoring the confidence of capacity supporters in ... Read the full article

Artio launches early-stage carbon insurance, backed by major insurers

21st March 2025

Artio has launched a data-driven early-stage carbon credit delivery insurance product, backed by Tokio Marine HCC International (TMHCCI), Markel, and Apollo and with DA Strategy support. With insurance capacity provided by the trio of major insurers, Artio’s new product aims to help investors to confidently back early-stage carbon removal projects by ... Read the full article

AXA, AgriCap and WDF launch new carbon credits programme

24th January 2025

AgriCap Group has designed and launched a new "Insured Carbon" programme, which includes a custom-structured parametric insurance programme by AXA, in collaboration with The Well Done Foundation (WDF). Through the programme, the companies are offering insured high-integrity carbon credits created by methane sequestration for purchase. This offering is the first in ... Read the full article

WDF launches insured high-integrity carbon credits backed by AXA’s parametric insurance program

17th January 2025

AXA has provided custom parametric insurance solutions to support the insurance of the nonprofit Well Done Foundation’s (WDF) high-integrity carbon credits created by methane sequestration. This offering, described as the first in the industry, guarantees the authenticity and reliability of carbon credits with its "Insured Carbon" program. It aims to provide buyers ... Read the full article

Kita expands active risk monitoring across all stages of the carbon lifecycle

12th December 2024

Kita, the carbon insurance specialist and Lloyd’s of London coverholder, has launched its full-spectrum Active Risk Monitoring services for the carbon markets. The firm has been providing these services since March 2024 to select stakeholders and is now broadening its reach to a wider span of the market. Kita will now be ... Read the full article

Marsh and We2Sure partner to tackle carbon credit fraud

4th November 2024

Insurance broker Marsh and We2Sure, a specialist in insurance and risk management solutions for carbon credit certificates, have launched a new insurance facility to help businesses tackle rising risks associated with carbon credit certificate fraud. The carbon credit industry, while offering businesses a way to offset their carbon dioxide emissions, is ... Read the full article

Kita provides insurance for Marex’s investment in Mangrove Carbon Credit project

18th September 2024

Kita, a carbon insurance specialist and Lloyds of London Coverholder, has announced the expansion of its insurance services to support Marex Group Plc's investment in the Global Mangrove Trust’s (GMT) mangrove restoration project in North Sumatra. The insurance capacity for Kita is provided by the prominent specialty (re)insurance group Chaucer. The ... Read the full article

CFC launches new carbon lender insurance policy

17th September 2024

Specialist insurance provider CFC has developed a new insurance policy, first deployed with Standard Chartered Bank, designed to cover commercial loans to carbon credit projects. "In a true first for both the insurance and carbon finance markets, CFC built a policy that reduces the risk associated with providing debt financing to ... Read the full article

TMK partners with Kita to provide Political Risk insurance for carbon credit projects

15th July 2024

Tokio Marine Kiln (TMK) has partnered with carbon credit insurance specialist Kita to provide Political Risk insurance for developers of/investors in, carbon credit projects. Led by Ed Parker, Head of Special Risks at TMK, the new product will reportedly insure project developers and their investors against risks such as confiscation, nationalisation, ... Read the full article

Howden places first W&I policy for Mere Plantations carbon credits sale

21st June 2024

Howden, a global insurance intermediary group, has announced the launch of the first Warranty & Indemnity insurance policy for the sale of carbon credits for the reafforestation project of degraded forest lands by Mere Plantations. UK-based Mere Plantations owns and operates a teak plantation in Ghana, West Africa, and has been ... Read the full article