Reinsurance News
Energy & Power
SCOR backs Louisiana green hydrogen plant as part of energy transition push
1st April 2026
Global reinsurer SCOR said its support for the Hidrogenii plant in St Gabriel, Louisiana, reflects its broader strategy to promote a sustainable, resilient future while remaining “strongly committed” to advancing energy transition and embedding ESG principles in its underwriting and investments. The Hidrogenii plant, which started commercial operations in April last ... Read the full article
Marsh Risk secures insurance for construction of first commercial-scale advanced nuclear power plant in US
25th March 2026
Marsh Risk, a business of global re/insurance broker Marsh, has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1. This marks a significant move as the unit is the first commercial-scale, advanced nuclear power plant in the US to receive construction approval from the Nuclear Regulatory Commission. The placement also marks the ... Read the full article
HDI Global appoints David Wilson as Global Head of Claims Energy & Power
11th March 2026
HDI Global, a commercial and specialty lines insurer, has announced the appointment of David Wilson to the newly created role of Global Head of Claims Energy & Power, effective 1st March 2026. Based in London, Wilson will work in a global capacity across HDI’s Energy & Power Unit. He will report ... Read the full article
HDI Global UK&I appoints Matthew Bond as Head of Energy & Power
4th March 2026
HDI Global UK & Ireland (HDI) has announced the appointment of Matthew Bond as Head of Energy & Power, effective 2nd March 2026 In his new role, Bond will lead HDI’s Energy & Power portfolio across the UK and Ireland, focusing on further enhancing the firm’s proposition by combining specialist underwriting ... Read the full article
Mackay succeeds Adamczyk as HDI’s Global Head of Energy & Power
26th February 2026
HDI Global, a commercial and specialty lines insurer, has announced the appointment of Mark Mackay as Global Head of Energy & Power, effective 1 March. Mackay will be succeeding Franz Adamczyk, who is stepping back from the role after decades of developing and expanding the Energy & Power portfolio in collaboration ... Read the full article
Skyward Specialty launches specialised Power Generation insurance solution
9th February 2026
Skyward Specialty Insurance Group, Inc., part of Skyward Group, has launched its new specialised Power Generation insurance solution for small to mid-sized entities. This launch further diversifies and complements the company's existing portfolio, which broadens its offerings to address the changing demands of power producers and brokers throughout the US. Skyward Specialty’s ... Read the full article
Markel promotes Ben House to Director of Energy & Power
15th January 2026
Markel Insurance, the insurance division of Markel Group Inc., has announced the promotion of Ben House to Director – Energy & Power. In his expanded role, House will oversee Markel’s Renewable Energy and Power portfolio across the International division, alongside his existing responsibilities as head of Markel’s Upstream, Midstream and Downstream ... Read the full article
Lockton promotes Harsh Chhajer to Power & Energy Growth Leader, Asia
21st November 2025
Lockton, a global independent insurance brokerage, has announced the promotion of Harsh Chhajer to Power & Energy Growth Leader, Asia. In his new role, Chhajer will drive the production strategy within the newly established Regional Power & Energy Steering Committee (RPESC). He will focus on helping Lockton deliver differentiated solutions tailored to ... Read the full article
Guy Bessis named Chairman of Energy & Power for Marsh India, Middle East & Africa
21st November 2025
Marsh, an insurance broker, risk advisor, and business of Marsh McLennan, has announced the appointment of Guy Bessis as Chairman of Energy & Power for Marsh India, Middle East, and Africa. Bessis began his insurance career as an underwriter with Royal Insurance in Paris before joining Sedgwick in London in 1982, ... Read the full article
HDI Global appoints Fellipe Aguiar as Head of Energy & Power Underwriting U.S.
15th August 2025
HDI Global Insurance Company, the U.S. carrier of HDI Global SE, has appointed Fellipe Aguiar to the newly created role of Head of Energy & Power Underwriting U.S. for its cross-division Energy & Power Unit. Aguiar’s team will manage complex risks across downstream and midstream energy, chemicals, conventional power, and renewable ... Read the full article
Competitive pricing ahead for power insurance sector as major losses decline: WTW
8th October 2024
The absence of larger losses in 2023 and 2024 is expected to lead to more competitive pricing in property and business interruption, while lower-level attritional losses will remain a constant, according to WTW’s Power Market Review. In the international liability market, a slight increase in capacity and softer market conditions have ... Read the full article
WTW’s 2023 Power Market Review highlights challenges in global power sector
10th November 2023
In its latest Power Market Review, WTW has brought to the forefront the persistent "Trilemma of Tension" facing the global power sector. This "Trilemma" is characterised by the ongoing struggle to balance energy security, affordability, and sustainability, which has led to continued volatility in the industry. The global power sector is currently ... Read the full article
Sedgwick launches power & energy division in the UK
22nd June 2023
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has launched a new power and energy division in the UK, which will be led by industry veteran David Ward. Sedgwick states that the division will focus on claims affecting the energy and power sectors, with the capabilities to ... Read the full article
Gallagher names Head of Natural Resources for MEA
9th February 2023
Re/insurance broker Gallagher has announced the appointment of Corey Tidey as Head of Natural Resources for the Middle East and Africa (MEA). Tidey joins Gallagher from Lockton Australia, having previously held roles with the Victorian Managed Insurance Authority (VMIA), Aon and Intech in both Asia and Europe. He brings experience in working ... Read the full article
Lipman outlines opportunities for development in Lloyd’s Canada market update
12th October 2022
Marc Lipman, Attorney in Fact in Canada for Lloyd’s Underwriters and president of Lloyd’s Canada, provides a market update outlining opportunities for growth and development in the region's (re)insurance sector. At the end of 2021, premium income to Lloyd’s from Canada grew by 22%, with Lipman noting that Lloyd's underwrote over ... Read the full article
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