Energy and Power InsuranceUpcoming

Energy and power insurance covers the sector across its stages - onshore and offshore installations, refineries, petrochemical plant and pipelines, through to generation and distribution assets - against physical damage, machinery breakdown and the liabilities that follow.

These are among the largest exposures placed from Saudi Arabia, and programmes are usually built with local insurers fronting international reinsurance capacity. Terms depend on engineering surveys, loss history and the contractual requirements of the project owner or its lenders.