Energy
-
A public insurance certificate unearthed by Reuters shows that the insurers are involved despite pledges to fight climate change. -
The broker has made sweeping changes to its global green energy broking set-up.
-
City comptroller Scott Stringer said AIG, BHSI and Liberty Mutual should stop underwriting and investing in coal.
-
The downstream market is expected to be less impacted although there is some BI exposure.
-
Rate growth in the sector stands at 20 percent and in some cases even higher.
-
The broker predicts a “period of turmoil” among energy companies and their insurers.
-
The Dubai-headquartered company will list on the Nasdaq today, giving it additional access to capital markets.
-
The deal comes as renewable energy rates continue to harden.
-
Market sources said the carrier was no longer accepting submissions across those classes of insurance.
-
The move comes amid rate hardening across both energy and marine insurance.
-
The AIG executive urged carriers to be "part of the solution" and help customers transition to cleaner energy.
-
Sam Walsh joins from GCube, while liability specialist Pifer moves over from another Axis division.
Related
-
Arch Insurance makes senior casualty promotions
January 16, 2025 -
FIT launches report on insurance-specific guidance for transition plans
November 14, 2024