Energy
Munich Re offers renewable energy insurance first
Munich Re is insuring the guarantees which builder of wind-powered plants, Fuhrländer, is giving its customers.
Ex-Oxygen M&A head joins Oval
Oxygen Insurance Brokers' former mergers and acquisitions practice leader Jim Rutherford has joined Oval.
Antares names new marine account boss
Specialist Lloyd’s insurer Antares has promoted John Potter to the role of marine hull, energy and liability account manager.
Berkshire Hathaway backs Willis energy facility
Willis has created a facility designed to provide additional underwriting capacity for the oil and gas industry.
Willis: 2011 reinsurance renewals 5-10% lower than 12 months ago
Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the 1 January 2011 reinsurance renewals averaging between 5% and 10%.
Willis: 2011 reinsurance renewals 5-10% lower than 12 months ago
Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the 1 January 2011 reinsurance renewals averaging between 5% and 10%.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
Guy Carpenter and Willis join forces with Aon for oil liability consortium
Guy Carpenter and Willis Re are working alongside Aon Benfield as placement advisors to a new sudden oil spill consortium, which aims to deliver larger liability limit coverage for deepwater drilling in US waters.
Guy Carpenter and Willis join forces with Aon for oil liability consortium
Guy Carpenter and Willis Re are working alongside Aon Benfield as placement advisors to a new sudden oil spill consortium, which aims to deliver larger liability limit coverage for deepwater drilling in US waters.
Bruce Stevenson wins Ofgem contract
Edinburgh-based insurance broker Bruce Stevenson Risk Management has been appointed to work with Ofgem as part of the UK government’s support for offshore wind generation.
Earthquakes top reinsurance losses in 2010 according to Guy Carpenter
The earthquakes that devastated parts of Chile and New Zealand were the largest source of losses in 2010, costing the reinsurance industry $8bn (£5.07bn) and $4bn respectively, according to a new report by Guy Carpenter & Company.
Markel appoints terrorism underwriter
Markel International has named Edward Winter as a terrorism underwriter in its marine and energy division.
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
Aon duo joins Marsh's Oslo base
Marsh has boosted its Norwegian energy practice through the appointment of two brokers to its Oslo-based team.
Thatcham names new chief executive
The motor insurance repair research centre, has named Peter Shaw, as its next chief executive.
Post Europe: Iranian sanctions
Earlier this year the European Union was the first to proscribe sanctions against Iran specifically including insurance. Vic Wyman reports on the reactions and implications for the European insurance market.
Zurich appoints UK head of onshore property
Zurich’s global energy group has appointed Hala Abinader to the role of UK head of onshore property.
Cooper Gay restructures in London
Cooper Gay has restructured its London based marine and energy reinsurance team in a bid to continue growing its market share.
Cooper Gay restructures in London
Cooper Gay has restructured its London based marine and energy reinsurance team in a bid to continue growing its market share.
QBE names three European CUOs
QBE Insurance has appointed Ash Bathia, Colin O’Farrell and Jonathan Parry as chief underwriting officers of its European division, following the promotion of John Neal to chief executive of QBE Group Global Underwriting Operations.
UK motor and energy rate rises boosts Chaucer's fortunes
Chaucer intends to grow its UK motor and energy portfolios next year as part of its plan to increase its income net of brokerage by 10% to £785.8 m.
Engineering - Technology: Powering change
Fast-paced technological developments in the energy field are presenting challenges for insurers but, as Neil Clutterbuck explains, the industry is finding ways to stay ahead of the game.
Willis appoints executive director
Willis has announced the appointment of Mike Lack as an executive director in its London downstream energy team.