renewable energy insurance News

People Moves: Newland Joins Miller as Head of Renewable Energy; Aon’s McKenzie to BMS in Australia; Dasgupta to Lockton Re

This group of International People Moves covers appointments at three brokers: Miller, BMS and Lockton Re. A summary of these new hires follows here. Miller, the London-based independent specialist re/insurance broker, announced the appointment of Rhys Newland as head of …

Danish Wind Giant Finds Unique Solution for Cable Problem Affecting Offshore Farms

The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive problem. Denmark’s Orsted A/S is working on a plan to send divers to the sea floor to place a cover over …

AXIS Insurance Hires Aon’s Boswell Brown, Aviva’s Whelan as Renewable Energy U/Ws

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of two additional underwriters within its global Renewable Energy business. Nicholas Boswell Brown and Claire Whelan will join AXIS in April as renewable energy underwriters …

Roberts Appointed as Global Renewable Energy Leader, Marsh JLT Specialty

Marsh, the insurance broker and risk adviser, announced the appointment of Hamish Roberts as global renewable energy leader, Marsh JLT Specialty. Effective 1 January, Roberts will continue to be based in London and will report to Andrew George, global head, …

AXIS Insurance Adds 3 Underwriters to Renewable Energy Team in U.S.

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the addition of three new underwriters to its U.S. Renewable Energy team, effective immediately. Kristopher Williams and Melissa Marsh have both joined the team as renewable energy …

Emerging Mkt Infrastructure Projects to Bring Premiums of $50B in Next Decade: Sigma

Investment in infrastructure development is set to be one of the main drivers of growth in emerging markets after the COVID-19 crisis subsides, according to Swiss Re’s latest sigma report. Emerging markets will invest US$2.2 trillion in infrastructure annually over …

Marsh JLT Specialty Expands Renewable Energy Team with Appointments in Canada, UK

Insurance broker Marsh announced two senior appointments within Marsh JLT Specialty’s Renewable Energy team, as part of its continued expansion in the global renewable energy sector. Joanne Silberberg has been appointed as Canadian Renewable Energy leader. Silberberg joined Marsh in …

Marsh JLT Specialty Expands Renewable Energy Team in UK, U.S., and Asia

Insurance broker Marsh announced key leadership appointments within Marsh JLT Specialty’s Renewable Energy team. Oliver Holme has joined Marsh in the newly created role of UK and U.S. Offshore Wind leader, reporting to Hamish Roberts, Power leader, and Amy Barnes, …

Why Insurance Claims in Renewable Energy Industry Are Rising

The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark for renewable energy risks, according to an insurer that specializes …