Energy

Market Moves: Liberty makes three additions

Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.

Study could pave way for insuring CSS risks

A group of insurers claim to have found a way to remove barriers to the development of Carbon Capture and Storage technology in Europe, paving, paving the way for more effective action to prevent climate change.

Increasing threat posed by solar flares

Power and utility underwriters may be unaware of the extent of the threat of major solar flares to the world's electrical generation infrastructure, space weather specialists told the London Power Forum last week.

Western sanctions threaten to halt Iran's shipping industry

Western sanctions are jeopardising Iran's vital shipping industry, and the country's biggest cargo carrier will face serious problems if the pressure continues, according to the head of the Islamic Republic of Iran Shipping Lines.

EU extends Iran sanctions to natural gas

The European Union has bolstered sanctions against Iran, including banning the importing of natural gas from the country owing to a "lack of progress in nuclear talks".

Global power industry sees rising claims

The global power industry continues to see a steady rise in the number of large insured claims, putting pressure on the supply of global power at a time of rising demand and on the future of the industry itself, broker Marsh said a report published today.

Allianz considers renewable funds

German insurer Allianz believed to be planning the launch of closed-end investment funds focusing on renewable energy in the future.

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