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Energy and power newsletter : focus on : onshore construction insurance

 
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<subTitle>: focus on : onshore construction insurance</subTitle>
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<abstract displayLabel="Summary">In general terms, the various component parts of the energy and power insurance market (upstream, downstream, casualty, traditional power, renewable energy and marine related energy) all continue to harden. Each of these sectors have their own pressure points and nuances, which we discuss within this article. Even where the loss environment has improved (such as downstream), or was benign (upstream), there is still momentum from insurers to pursue premium rises in some cases on top of rises over the past two years. This is driven by wider issues affecting the insurers including COVID-19, natural catastrophe losses from hurricanes, derechos and wildfires, and for some syndicates intervention from Lloyd's. </abstract>
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