Reinsurance News
Energy insurance market
B.P. Marsh invests in energy-focused start-up broker Ventura
18th March 2026
B.P. Marsh & Partners Plc, an investor specialising in early-stage financial services businesses, has announced an investment in Ventura Risk Partners Holdings Limited, a newly established insurance broker focused on energy risks within the Lloyd’s and wider London insurance markets. As part of the transaction, B.P. Marsh has taken a 25% ... Read the full article
Volt expands energy sector coverage with binder renewal and increase
18th December 2025
Volt Underwriting, the MGA formed to support clients and brokers active in the energy sector, has renewed its binder to underwrite conventional and renewable power generation and midstream risks, increasing its line size to $50 million for 2026. As part of the renewal, Volt has reportedly secured an expanded underwriting remit, ... Read the full article
Upstream profitability and downstream losses shape 2026 insurance outlook: WTW
14th November 2025
Insurance buyers are set to remain in a strong negotiating position for both cost and coverage as the market moves into 2026, according to the Energy Market Review Update published by Willis, a WTW business. Willis reports that the upstream energy sector continues to deliver solid profitability for insurers following another ... Read the full article
Guy Carpenter reports structural shift in marine and energy insurance
11th September 2025
Guy Carpenter, a risk and reinsurance advisory firm, states in its Global Specialties Market Update that the marine and energy insurance sector is entering a period of reassessment, shaped by major losses, geopolitical pressures, and shifts in reinsurance capacity. In the hull and cargo segments, significant rate reductions—often in double digits—are ... Read the full article
ASR partners with Lloyd’s Lab graduate APP to enhance energy underwriting
17th June 2025
Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has partnered with Asset Performance Partners (APP), a graduate of the 2024 Lloyd’s Lab, to enhance data insights and risk management in the energy insurance sector. APP reportedly provides real-time operational data and insights for energy asset operators. By combining performance data with ... Read the full article
NARDAC expands SCS coverage for US renewable energy projects
29th January 2025
NARDAC, an energy and infrastructure broker and Managing General Agent (MGA), has launched a new facility to provide additional severe convective storm (SCS) coverage for renewable energy projects in development and operation. The facility will offer up to $20 million in standalone SCS coverage for US projects, marking the first of ... Read the full article
Energy sector MGA Volt Underwriting launches
14th October 2024
London-domiciled, Lloyd’s Approved Coverholder, energy sector managing general agent (MGA) Volt Underwriting launches today to support clients active in the energy transition sector, with initial capacity of $25 million for US and international onshore power and renewable energy risks. The binder is led by Dale Underwriting Partners’ Lloyd’s Syndicate 1729, and ... Read the full article
AXIS reports climate change driving energy transition amid rising risks
17th June 2024
AXIS Capital Holdings Limited, a specialty insurance company, has released a new report titled "Navigating Risk in the Energy Transition", based on independent research which examines how various risks, including climate change, economic uncertainty, and investor hesitancy around tech innovation, are impacting the energy sector’s transition. Climate change is a significant ... Read the full article
Energy market faces challenges amidst record losses and rising costs: Amwins
22nd September 2023
The energy market is grappling with a series of challenges, as record losses, rising costs, and global events continue to impact the sector, according to Amwins "State of the Market: A Focus on the Energy Market" report. Key factors driving these challenges include extended production cuts by major oil-producing nations, geopolitical ... Read the full article
Beat Capital launches specialist energy business Horace
4th April 2023
Beat Capital Partners, a long duration investor specialising in the insurance industry, has announced the launch of Horace Agency Limited, a specialist energy underwriter. Horace will focus exclusively on onshore and offshore energy insurance worldwide outside the US, with a focus on clients transitioning to a net zero environment, initially writing ... Read the full article
Energetic Insurance credit structure helps Redaptive secure financing
22nd November 2022
Redaptive, a San Francisco-based Energy-as-a-Service provider of energy-saving and energy-generating equipment, has gained access to a $50 million credit facility from Rabobank, thanks to a credit insurance structure provided by Energetic Insurance. This three-company partnership is designed to enhance Redaptive’s capability to promote a more than 1,000-site portfolio of energy efficiency ... Read the full article
RPS outlines energy insurance industry impact of OPEC+ output cut
18th November 2022
Analysts at Risk Placement Services (RPS) have outlined the effects on the energy insurance industry following the OPEC+ meeting in early October where it agreed to a 2 million barrel per day (BPD) oil output cut. RPS notes that the decision was made due to many factors, though one thing that's ... Read the full article
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