Tag Archives: energy

Energy Insurance Markets Defy Economic Laws

by Robin Somerville, April 25, 2012 | Posted in Energy

One of the strangest features of the energy insurance market that we address in our recently released 2012 Energy Market Review is how the market is seemingly defying the basic laws of economics. These state that an increase in supply—in … Continue reading → Continue reading →

Video: Navigating a Tough Energy Market

by Colleen McCarthy, April 18, 2012 | Posted in Energy

Major losses in 2011 have resulted in extremely tough conditions, reduced capacity and increased pricing for energy insurance buyers in 2012. We caught up with Mark Oakley, leader of Willis Energy’s Houston team, at RIMS this week to discuss what … Continue reading → Continue reading →

Willis Review Finds Energy Market Stable but Fragile

by Robin Somerville, April 17, 2012 | Posted in Energy

The energy market recorded its worst ever year for non-windstorm related losses in 2011 with close to $9 bn in combined insured and uninsured total losses. This is according to our latest Willis Energy Market Review that was released today … Continue reading → Continue reading →

Beware the Calm Before the Storm! Why Today’s Stable Energy Market Conditions Could Disappear Overnight

by Robin Somerville, January 10, 2012 | Posted in Energy

It’s part of my job to highlight where Willis thinks the energy insurance markets are headed as we move into 2012. In our most recent Energy Market Review newsletter we’ve highlighted the various factors that are currently contributing to the … Continue reading → Continue reading →

Everyone’s a Risk Manager in Offshore Wind Energy

by Michael Buckle, November 24, 2011 | Posted in Renewable Energy

With the next phase of offshore wind power development set to dwarf current projects, the industry faces two major challenges: To reduce the cost and the time it takes to build the massive structures out at sea. These two topics … Continue reading → Continue reading →

Renewables: In it for the Long Run

by Michael Buckle, October 18, 2011 | Posted in Renewable Energy

In the ongoing debate about rising energy prices, UK Energy Secretary Chris Huhne said yesterday that it’s up to consumers to shop around for the best tariff. Continue reading →