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AI data centers and renewable energy investment alone could produce roughly $200 billion in cumulative commercial property and casualty premiums through 2030, according to Swiss Re Institute.
A look at the latest decisions impacting the industry.
Sudden deaths among oil and gas workers have been linked to oxygen deficiency and the inhalation of hydrocarbon gasses and vapors.
Regulators have decided they can’t risk electricity shortfalls. A new insurance market may result.
Failure to arrange the proper cover for regulatory penalties in the energy sector adds up to big losses.
The deeper we drill in the ocean for oil, the more the risk increases.
With capacity ample, project cargo insurers emphasize project management.
Did you know that the Keystone Pipeline is actually in operation? Most people don’t.
Safety professionals are retiring, and newcomers cannot fill the gap in numbers or experience.
Energy (Downstream)
Energy (Upstream)
Utilities
Utilities (Alternative Energy)
The reaction to New York State banning fracking shows a disconnect between insurers, politicians and environmentalists.
Transportation safety in the oil and gas industry is being challenged by increased production.
Marine, aviation and energy sector losses accounted for much of the losses. Employee training would help.
David Hershey told the carriers to change their ways when they attempted to alter a key notification requirement.
Liquid natural gas exports represent a huge market for insurers.
When a nuclear reactor melts down due to a powerful tornado, deadly contamination rains down on a metropolitan area.
Big banks can learn from Big Oil how to manage risk.