energy market Archives - Carrier Management

Insurers Limit Cyber Coverage for Energy Companies, Leaving Taxpayers, Customers at Risk

Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for ...

XL Group, Munich Re and New Energy Risk Team Up to Insure Fuel Cell Portfolio

XL Group's Complex Accounts unit has teamed with Munich Re's Green Tech Solutions and consultants New Energy Risk (NER) to deliver an innovative performance insurance policy for a portfolio of fuel ...

Plenty of Insurance Capacity But Tricky Contract Wording for Oil and Gas Risks

The insurance capacity is there to cover the risks associated with the current oil and gas boom in Texas and the nation, experts say, but agents and their customers should be vigilant in their ...

Catastrophic Cyber-Attack Coverage Remains Elusive: Willis Report

Insurance coverage for cyber-attack losses in the global energy market isn't as clear-cut as the industry might hope. A new market report from Willis Group Holdings concluded that companies face a ...

Marsh Urges Carriers to End Cyber Clause Stalemate For Energy Firms

Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting concern among global energy firms, according to Marsh's latest ...