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What risks will emerge in 2017?
A look at the emerging risks for 2017 reveals two clear touchpoints: people and politics – and especially politics. Risk experts in areas ranging from human capital to transportation, from Washington,...
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2017 trading conditions: The “new normal” for the energy and insurance...
Willis Towers Watson has just launched our 2017 Energy Market Review. Despite an encouraging uplift during the last 12 months, the energy industry is still beset by some significant challenges,...
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The E.U.’s General Data Protection Regulation – Are the Natural Resources...
On April 14, 2016 the European Parliament voted to adopt a new data protection law for Europe, the General Data Protection Regulation (GDPR). The regulation will come into effect on May 25, 2018. The...
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Despite Anthony Hilton’s warning, energy insurance products are still...
There’s no doubt that both the energy and insurance industries are facing challenging times. Low oil prices are driving cost-cutting and workforce layoffs, at a time when the insurance markets are...
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Why a well-run energy industry workforce underpins effective asset risk...
Piper Alpha. Longford. Texas City. Deepwater Horizon. Everyone in the energy industry knows about these landmark energy losses, and everyone fears another one. But apart from being catastrophic, each...
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The 2017 hurricane season: Will it transform the energy insurance markets?
In the aftermath of hurricanes Harvey and Irma, the thoughts of our colleagues in the energy sector and insurance market are quite rightly directed towards the human tragedy that’s unfolding as new...
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Post-hurricane confusion in the energy insurance markets: 3 reasons why a...
Energy insurers were in a bullish mood as delegates gathered at the critical Baden-Baden reinsurance meeting last week. Their frame of mind didn’t come as a surprise, given all the media speculation on...
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Can insurance help drive private equity investment in renewable energy?
One of the main reasons private equity (PE) firms have held back on investing in renewable projects is the perception that it’s difficult to predict how investments will perform. Renewables are...
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Energy Market Review 2018: Energy insurers remain caught between a rock and a...
As we explain in our latest Energy Market Review, 2017 was an interesting year for both the energy and (re)insurance industries, with the good news of the oil price recovery and increased activity in...
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8 reasons why energy companies should have an Enterprise Risk Management...
Establishing a resilient Enterprise Risk Management (ERM) framework can be a challenging process that requires a clear action plan with specific improvement points and defined timelines. And it’s for...
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