Category Archives: Power & Utilities

U.S. interest rates key to natural resources industry risk

When we surveyed top executives from natural resources firms across the globe earlier this year on what they saw as the biggest challenges their firms faced, we learnt that many C-suiters rated currency and interest rate fluctuations high among their … Continue reading →

Energy and mining execs fear a special kind of political risk

The Natural Resources Risk Index found the risk of "creeping expropriation" most troubling to many energy and mining executives. Continue reading →

Regulatory change requires creative thinking for natural resources industries

New SMCRA rules could considerably cut recoverable reserves of some mined materials, costing the industry billions of dollars and potentially causing the loss of numerous jobs. Continue reading →

The risk manager of the future

Some people miss the good old days. I don’t. I’ve been around since the days when business was done on a napkin with people who were more like buddies than business partners and yes, when the deal was done, there … Continue reading →

Executive compensation in natural resources: Pay the price now, or pay more later

One of the first things Theresa May did after becoming the new British prime minister was to promise to crack down on excessive executive pay in the U.K. by including the possibility of making shareholder votes on C-suite compensation binding … Continue reading →

Cyber-security: Energy firms must expect the unexpected

Last December, three power companies in the Ivano-Frankivsk region of Ukraine suffered a series of sudden, unscheduled power outages. Electricity supply to thousands of homes and businesses was unceremoniously cut off, leaving an estimated 230,000 people without heat or light … Continue reading →

The top risks facing natural resource companies

On 23 June Britons voted in a national referendum to leave the European Union. In the first few days following the decision we’ve seen upheaval in both political and financial markets as the initial impact of this momentous decision begins … Continue reading →

Cyber Attack Disrupts Ukrainian Power Grid; Boards Awaken to Threat

Ukraine-cyber-attack

At the end of December 2015, reports began to emerge from Ukraine that power grids across a region had been subject to cyber-attack. The attack targeted at least three power authorities in the Ivano-Frankivsk region of Ukraine, disconnecting electricity sub-stations … Continue reading →

Stepping into the Unknown: Insuring Nuclear Decommissioning

The word ‘nuclear’ has a tendency to make people uneasy. We’re still living with the remnants of the Fukushima disaster of 2011 and Germany has decided to cleanse itself from nuclear activity altogether. Thus it comes as no surprise that … Continue reading →

Why is Today’s Energy Underwriting Landscape so Bleak?

oil platform at sunset

Many of the factors that make up today’s bleak underwriting landscape for energy insurers are interrelated and can be summarised as follows.  Continue reading →