Energy is a complex global business with many risks. Our insurance provides protection against loss or damage and business interruption arising from activities like the exploration of new energy fields and the development of alternative forms of energy. We have significant capacity and our clients in the energy industry include a wide range of companies including operators, drilling and oilfield service contractors, as well as companies throughout the LNG and subsea power distribution sectors.
Key Territories
- Worldwide (including upstream & renewables)
Placing Method
- Open market
- Reinsurance (upstream)
- Binding authorities
- Fixed platforms, pipelines and cables, offshore mobile drilling units, offshore sub-sea and surface production systems, oilfield equipment
- Land rigs
- Vessel conversion risks
- Control of well/operators’ extra expense; drilling and production, onshore and offshore
- Associated third party liability
- Business interruption (BI) and contingent BI
- Delay in start-up of projects (DSU)
- Delay in delivery of vessels from building or conversion
Sector Appetite
- Oil and gas pipelines
- Drilling oil and gas wells
- Exploration services
- LNG regassification
- Oil and gas production
- Renewables
- Electric services (incl renewables)
- Petroleum and coal products
- Gas services
Key
- In appetite
- On a case by case basis