Category Archives: Power & Utilities

Energy Market Review 2018: Energy insurers remain caught between a rock and a hard place

Electrical worker among power lines

As we explain in our latest Energy Market Review, 2017 was an interesting year for both the energy and (re)insurance industries, with the good news of the oil price recovery and increased activity in the upstream sector energy industry being … Continue reading →

Can insurance help drive private equity investment in renewable energy?

aerial view of solar panels

One of the main reasons private equity (PE) firms have held back on investing in renewable projects is the perception that it’s difficult to predict how investments will perform. Renewables are volatile. Energy produced from them can vary from year … Continue reading →

Protecting people and assets in the Latin American natural resources industry: 3 imperatives

Tecpetrol’s Fabio Lugo addressing Latin American Natural Resources Conference in Buenos Aires

Tecpetrol’s Fabio Lugo addresses our Latin American Natural Resources Conference in Buenos Aires last month Latin America’s geography is rich in natural resources, currently producing 12% of the world oil and 7% of the world natural gas supply. But a … Continue reading →

Why a well-run energy industry workforce underpins effective asset risk management

Piper Alpha. Longford. Texas City. Deepwater Horizon. Everyone in the energy industry knows about these landmark energy losses, and everyone fears another one. But apart from being catastrophic, each of these occurrences has one common thread — human error. Where … Continue reading →

Despite Anthony Hilton’s warning, energy insurance products are still valuable say risk managers

There’s no doubt that both the energy and insurance industries are facing challenging times. Low oil prices are driving cost-cutting and workforce layoffs, at a time when the insurance markets are beset by over-capacity and a dwindling premium income base. … Continue reading →

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 →