Energy reinsurance

Our global Energy team provides reinsurance coverage for risks in both upstream and downstream operations, including exploration, production, refining, and marketing of oil and gas. Our team has extensive knowledge and experience in the energy industry, enabling us to understand the specific risks, including complex risks and exposures faced by energy companies and to offer tailored reinsurance solutions.

Upstream risks covered (Onshore and Offshore):

• Property damage during construction and operation
• Third party liability during construction
• General and third party liability during operation
• Offshore projects during construction
• Operator’s Extra Expenses: control of well insurance, redrilling/extra expense, Seepage and pollution

Downstream risks covered:

• Property damage including machinery breakdown during operation
• Business interruption following property damage and machinery breakdown during operation
• Property damage including third party liability during erection and maintenance
• General liability and third party liability during operation
• Project cargo
• Contingent business interruption such as interruption of public utilities, customers and suppliers and denial of access extensions
• Natural catastrophies: earthquake, volcanic eruption, tsunami, flood, landslide