How to enable the renewable energy transition

Renewables-vs-oil

Jack O’Sullivan, senior underwriter at Rokstone in the energy and power division, argues renewable energy will always attract capacity, but insurers, brokers, and developers need to act more collaboratively to ensure more quality, robust projects are being built that can withstand the perils they are exposed to.

Global insured losses from natural catastrophes have exceeded $100bn (£75.8bn) for four consecutive years. This indicates a new normal for energy sector Natcat exposures as global weather events

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How insurers are assisting with the energy transition

How insurers are enabling a “less volatile” transition away from fossil fuels is the focus of the second of two special Insurance Post Podcasts, to coincide with the 2024 United Nations Climate Change Conference, more commonly known as COP29.

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