renewable energy and insurance Archives

Tokio Marine HCC to Acquire MGA GCube, Eyeing More Renewable Energy Risks

Tokio Marine HCC has agreed to snatch up GCube, a managing general agent with a focus on renewable energy risks. The deal is expected to close in the 2020 second quarter, pending the usual regulatory ...

Coal and Oil Are Passé in AXIS Capital’s New Clean Energy Policy

AXIS Capital Holdings Ltd. won't insure, invest in or provide insurance or reinsurance for new coal plants or oil pipeline as part of an initiative designed to reduce climate risks and support the ...

Allianz, Japanese Financial Firm Invest in U.S. Wind Farm Owned by French Utility

Allianz and Japanese bank Mitsubishi UFJ Financial Group (MUFG) have invested in a U.S.-based wind park owned by French utility EDF , Allianz said, as the German insurer expands its renewables ...

Innovation in Bloom at XL Catlin

Asked to describe examples of innovation at XL Catlin, Insurance Chief Executive Greg Hendrick, includes a warranty insurance solution for Bloom Energy on his list. Bloom Energy is a provider of ...