Munich Re and GCube form renewables partnership
by Gill Montia
Story link: Munich Re and GCube form renewables partnership
Munich Re has entered into a cooperation with GCube, which is headquartered in London and provides insurance services for renewable energy projects in wind, solar, biofuels, wave, hydro and tidal. The firm also has offices in New York and Newport Beach, California, providing construction, marine, property-casualty and liability cover tailored specifically to renewable energies projects. [...]
Munich Re calls for renewable energy drive
by Richard Kilner
Story link: Munich Re calls for renewable energy drive
Munich Re has called for a new range of initiatives regarding climate change, with reinsurance operations CEO Torsten Jeworrek describing the switch from fossil fuels to renewable energy as the prime task of the century. The firm forecast that the hopes of a successful conclusion to the negotiations in Durban, South Africa, were slim and [...]
Munich Re and Ping An co-operate on green energy
by Richard Kilner
Story link: Munich Re and Ping An co-operate on green energy
Munich Re and Ping An Property & Casualty Insurance Company Ltd. have signed a co-operation agreement to jointly develop and provide insurance for the renewable energy industry in China. Insurance solutions created by Ping An and a special project team from Munich Re will help reduce risk for large and capital-intensive projects in the Eastern [...]
RSA and WWF set out renewable energy agenda
by Gill Montia
Story link: RSA and WWF set out renewable energy agenda
A new report from RSA and environmental organisation, WWF, sets out the case for a renewable energy strategy that will meet 100% of the world’s energy needs by 2050. Acknowledging the challenges of broader adoption of renewable energy, the insurer and its partner are demanding: greater access to project capital; government incentives and lasting financial [...]
Marsh launches solar projects policy
by Gill Montia
Story link: Marsh launches solar projects policy
Marsh has developed an insurance contract that provides coverage for project companies and operators in the solar, or photovoltaic, renewable energy sector. According to the broker, worries about industry stability mean that banks currently only give limited recognition to long-term guarantees provided by solar module manufacturers, as a basis for approving financing. Typically, manufacturers provide [...]
Aon expands renewable energy team
by Gill Montia
Story link: Aon expands renewable energy team
Aon has appointed Bruce Grant as senior broker, renewable energy team. Mr Grant joins from Marsh, where he managed the renewable energy team and designed and placed major offshore wind policies, having co-designed what have since become the standard offshore wind policy wordings. He brings over a decade of renewable energy experience, including working on [...]
Heath Lambert launches Renewable Energy team
by Gill Montia
Story link: Heath Lambert launches Renewable Energy team
Heath Lambert, the London-based independent insurance broker and employee benefits consultant, has expanded its Retail National division with the formation of a Renewable Energy team. The firm has a broad base in the renewable energy sector with clients including developers, sponsors, suppliers, contractors, operators and financiers. The sector is expanding rapidly and Heath Lambert believes [...]
RSA launches three renewable Centres of Excellence
by Richard Kilner
Story link: RSA launches three renewable Centres of Excellence
Leading renewable energy insurer RSA has announced the creation of a trio of “Centres of Excellence” to be based in the UK, Denmark and Canada. The three centres have been established to provide underwriting, risk management and claims support 20 renewable energy teams across the globe. The Centres of Excellence will act as worldwide hubs [...]
