Overview
Energy reinsurance combines high-value assets, complex engineering and material business-interruption exposures. Guarant writes energy reinsurance only where underlying placement meets international market standards.
Coverage
- Upstream — operators' extra expense, control of well, physical damage.
- Downstream — refineries, petrochemicals, storage terminals.
- Renewable — onshore and offshore wind, solar, battery storage — within published appetite.
- Power generation — thermal, hydro, combined-cycle plant.
Capacity
Confirmed in writing for each placement.
Capacity figures are indicative and are subject to underwriting review, applicable regulatory authorisations and contractual terms. Specific limits are confirmed in writing for each placement.
Target markets
Cedants and brokers serving operators in Middle East, Asia and Africa.
Risk considerations
Engineering reports, business-continuity arrangements, valuation methodology, deductible structures and nat-cat aggregation.