The Price Cap on Russian Oil – Implications on Insurance
Insurers, insurance brokers, shipowners and charterers will now be required to check the price of Russian oil cargoes on board ships they own, charter or insure.
The Winter is coming: Can renewables break dependence on Russian gas?
Europe needs to cover gas demand with alternative sources. The EU energy security is compromised if there is no diversification to cover Russian gas imports.
Rethinking the Energy of the Future
Insurers are faced with a challenge during the energy transition. The past loss experience can no longer be used for predictive scenarios. New risks will emerge.
Are you ready for free electricity?
Europe is massively investing in Renewable energy production. Detractors of these technologies have a lot of compelling arguments and one of the most relevant is the energy availability: What if there is an instant surge in demand? What if everyone in England starts their kettle at half-time during the Euro’s final and there is no wind and no sun energy available?
Sustainability – a game changer?
In order to achieve the EU’s climate and energy goals by 2030, an action plan has been developed.
Offshore Wind Insurance
In October 2018 for instance, Ingérop was victim of a cyber attack where perpetrators were able to get documents relating to nuclear plants, jails/correctional facilities and railway lines.
#FutureEnergy: Market Update Q2 2021
This is a series of articles related to the news and development of the global energy sector with focus on Europe, Russia & CIS. The Group Practice Energy, Power & Mining comprises of dedicated group of risk and insurance professionals providing risk and insurance related advice to the companies active in broader energy sector.
Blackout all over Europe, and then?
A pan-European power and infrastructure failure, a so-called blackout, would bring our society to the brink of collapse within a few days.
Ain’t no sunshine
Parametric insurance has been around since 1990s although the reinsurance industry has been using the parametric structures with catastrophe bonds for more than 30 years
Blackout – when it suddenly gets dark
While we’re all still dealing with the effects of the COVID-19 crisis, the next shutdown could be just around the corner. Experts predict that a so-called blackout will occur within the next five years.