.jpg.imgix.banner.jpg)
Energy Perspectives
-
Read morePerspective How Companies can Deal with Climate Change Reducing emissions cannot be addressed by slapping on some solar panels, planting trees, or buying carbon offsets alone -
Read morePerspective As Wildfires Get Costlier and Deadlier, Insurers and Utilities Pay the Price Insurers and utilities must adapt to a future with more wildfire risk -
Read morePerspective Shipping’s Uncertain Voyage to Zero Carbon Large-scale change is needed now in the shipping industry -
Read morePerspective Asia Offshore Wind Insurance Opportunities Insurers can play an important role in helping offshore wind realize its potential in Asia -
Read morePerspective The Generational Shift That Will Change Business Behaviors Companies integrating environmental and social commitments into their core business are positioning themselves for impending generational shifts -
Read morePerspective Oil's carbon problem There are market signs everywhere of growing impatience with the oil industry. Powerful investors are exiting high-carbon investments or limiting their exposure. As the financial sector incorporates climate risk into credit calculations, companies not prioritizing decarbonization face a higher cost of capital, according to research by environmental disclosure nonprofit CDP. A growing number of regulations worldwide restrict or tax carbon dioxide (CO2) emissions. In surveys, the public ranks climate change as one of the biggest existential threats to the planet. Recently, Google pledged to stop developing artificial intelligence tools for oil exploration. And finally, industries across the spectrum are pledging to go carbon-neutral. -
Read morePerspective Success for IOCs in a low carbon world As businesses across industries continue to decarbonize, integrated oil and gas companies — commonly known as International Oil Companies, or IOCs — are under increased pressure to reduce the carbon intensity of their operations and products and face pivotal decisions on how to redefine their businesses in the coming years. -
Read morePerspective Oil Price Dynamics: Economic Risks in the Middle East and Africa Energy market dynamics will generate sizeable economic headwinds for the Middle East and Africa (MEA) in 2020. Many of the region’s governments rely on hydrocarbons’ revenues, and the low oil price environment will drive widening fiscal and current account deficits, currency pressures, and contracting economic growth. -
Read morePerspective Directors and Officers Liability Insurance Update for the Energy Market Over the past year, the local and international D&O market has dramatically contracted, with the London market showing signs of change as early as mid-2018. The London market has traditionally been a long-term global D&O marketplace for international energy companies, with attractive capacity and innovative products. -
Read morePerspective Powering renewable energy via tax insurance The successful financing of any renewable energy development in the US is contingent on a project’s eligibility for investment tax credits (ITC) or production tax credits (PTC). Where the facts and circumstances of a project do not fit squarely and unambiguously within the scope of tax legislation and IRS guidance, renewable energy companies can use tax insurance to provide the protection that capital providers require. -
Read morePerspective Best practices when postponing inspections in downstream energy Two-thirds of energy (oil, gas, petrochemicals, and derivatives) and power companies have implemented, or are considering, cost-control measures. Most companies are protecting critical maintenance, but many are reconsidering non-essential maintenance, according to Marsh JLT Specialty’s recent Energy and Power Spot Poll. -
Read moreWebinar Business Interruption in a Low Commodity Price Environment Members of Marsh’s energy group, featuring speakers from Marsh Risk Consulting's Financial Advisory Services Practice, recently hosted a webcast discussing factors to consider when valuing business interruption in a low oil price environment. To help energy and power companies analyze risks and prepare for the future, panelists walked through several business interruption insurance scenarios, valuation examples, and solutions. -
Read moreWebinar Why insurers care about your ESG strategy Maintaining a cost-efficient and sustainable insurance program has never been more challenging for energy and power companies as we see capacity coming at a cost, particularly for those with carbon intensive exposures. Pressure from investors has been ramping up, while Environmental, Social, and Governance (ESG) scrutiny is increasing. -
Read morePerspective COVID-19’s Impact on the Global Energy and Power Industry In April 2020, Marsh JLT Specialty’s Energy and Power Spot Poll surveyed energy and power companies to understand how they were responding to the suddenly reduced energy demand and drop in oil price. Respondents ranged from small to very large operators, headquartered across the world. -
Read moreWebinar Energizing the digital shift The COVID-19 pandemic and its associated impacts have changed the way energy companies operate. From oil refineries, to power plants, and everywhere in between, the transfer of intelligence and information poses significant risks to the sector. While many industries embraced, and in many instances accelerated, a digital transformation in their pandemic response plans, is that really the case for the companies that power our world? -
Read moreReport COVID-19 Risks Outlook: A Preliminary Mapping and Its Implications Economic distress dominates companies’ top concerns, yet leaders must act now to address the knock-on effect of far-reaching environmental, societal, and technological risks
Follow Us on Social @mmc_global
For fast onset #risk events, it is vital to both construct a story as a platform for response but also avoid assumptions that may misconstrue how the crisis may evolve. https://t.co/R1oGrJjYXM via @MMC_Global #security #economy https://t.co/ZW46qOWDsp
#Remoteworking has seen significant growth compared to pre-#COVID19 rates. @mercer highlights their latest #flexibleworking results in this infographic: https://t.co/H7m0Zpnvns #futureofwork https://t.co/LHrxYAYWDH
There are 2 factors driving the treasury's greater strategic role at organizations during #COVID19 — liquidity management and managing cash. Our latest research with @AFPonline shares insight: https://t.co/RKDTUfGHkP #economy #treasury https://t.co/EWGOUQfFgM
Our collective ability to build #resilience and rebound from a #crisis depends on the distinctly human capability for proactive planning and navigating new. Disha Kausal of @mercer shares insight via @BRINKNewsNow: https://t.co/MAeMrS96hW #COVID19 https://t.co/z3OobaKZKu
Like any technology-based solution, there are inherent risks that should be considered as digital tools continue to expand in use. @TamaraMcCleary, @CyberBob1166 and @tkreagan share insight in our latest podcast: https://t.co/OGyUa6cLmw #cybersecurity #data #health https://t.co/BRciXdxqRw
Is active #aging the answer to the #retirement funding gap? @mercer shares insight: https://t.co/60Di5NEgjW #longevity https://t.co/GWI3USTi3E
There's a new #risk for those in the #retail and #restaurant industry as customers grow in fatigue and negligence for #COVID19 safety measures. @MarshGlobal shares more: https://t.co/ddxObTPW8L https://t.co/IxfaaEuYaG
Moving from predictions to surfacing the best course of action in real time is the transformation needed for meaningful change. @SamOnHealth of @OliverWyman shares the importance of #AI in #healthcare via @BRINKNewsNow: https://t.co/kPnU6JuNTT #machinelearning #COVID19 https://t.co/lqEPYRI3e6
Payer-provider coordination can minimize unnecessary and excessive use of care in the Asian #healthcare system. @OliverWyman shares how next-generation #enablement capabilities can better address patient needs and improve care quality: https://t.co/W49VrfGIF2 https://t.co/Rxgr5gFU7r
Did you know that 61% of people trust their employer to look after their #wellbeing? Learn more via @mercer: https://t.co/AYiwf7Q0VL #mentalhealth #health #futureofwork https://t.co/oYn8QDibM9