Renewables conditions diverge between onshore and offshore through 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Renewables conditions diverge between onshore and offshore through 2023

Samuel Casey
02 March 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
syvash wind farm2 emergy.jpg

The renewable energy market is expecting increasingly divergent underwriting conditions between offshore and onshore business in 2023, as offshore wind business continues to attract a disproportionate amount of capacity from traditional energy underwriters.

Sources told Insurance Insider that capacity was flooding into the offshore wind market as underwriters redeploy capital from traditional upstream energy underwriting, leading to falling pricing and a broadening of terms.

Meanwhile

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsEnergy
sam casey 2024 ii red 2.png
Samuel Casey
Senior Reporter
Contact
Gift this article