Energy is a broad concept in insurance terms and covers a wide range of activities and related risks such as electricity generation, electricity distribution, underground oil and natural gas extraction (upstream) and their conversion into usable energy resources (downstream).
Energy is a line of business that requires international reinsurance placement beyond a certain size and requires placement in different reinsurance markets than conventional fire insurance. Even within itself, electricity generation and the exploration, extraction and processing of natural resources or the distribution of electricity require placement in different reinsurance markets. Risk engineering studies on energy also require different competencies from classical fire.
We are able to provide support from domestic and international markets in all energy related issues, especially in the following sub-branches of activity.
Energy-related liability insurances should also be designed differently from classical liability insurances. We can also support energy-related standalone liability insurances with risk-appropriate coverage and limits.