ENERGY

SUBCLASSES

  • Offshore / Upstream Named Windstorm Only
  • Onshore and Offshore Operational
  • Renewables – Construction and Operational

TARGET CLIENTS

  • Long established proven track record in the asset
    class, territory and industry sector that adhere to
    international social, ethical and environmental
    standards

APPETITE

  • Supporting strategic clients or portfolios on an All
    Risks, Nat Cat Only, Contingent and XOL bases
  • Offshore Upstream Named Windstorm – GOM
    focussed, deep-water assets with minimal pipelines
    and above Critical Nat Cat attachment levels.
  • Decommissioning Bonds – Client details, how they
    are currently providing for it, planned decommission,
    credit rating/financial strength. Focus on excess layers
  • Downstream Operational risk – Minimum attachment
    = 30% of EML to ‘EML Bust’ layers / Excess of Critical
    Nat Cat attachment level
  • Construction – Non-peak Cat zones, focus on top tier
    operators (RWE, Equinor, windfarm focus)
Underwriting maintained ‘in house’ – no lineslips / binders
 

COVER

  • Offshore Named Windstorm Only – Property Damage
    arising from Named Windstorm
  • Decommissioning Bonds – Insurance market
    substitute to a cash collateralization or Letter of
    Credit, required by the regulator in relation to
    modelled future decommissioning costs to continue
    E&P operations.
  • Offshore / Upstream Operational– NWS Property
    Damage cover
  • Onshore / Downstream Operational– All Risks of
    Physical Loss / Damage and Business Interruption
  • Renewable Energy – Construction all risks and
    Operational All risks – Wind offshore/onshore and solar
  • Reinsurance and Insurance Basis

CAPABILITIES

  • Max Line Size – Up to USD 100m Offshore &
    Decommissioning / USD 125m Downstream
  • Normal Max Tenor – Short tail, Annual policies other
    than CAR (up to 5 years)

SOCIALs

REMCI Finance Agency GmbH

Monday – Friday 9 AM – 5 PM 

 

Paul-Ehrlich-Straße 38

63322 Rödermark

phone: +49 (0) 6074 728 51 00

eMail: service@remcigroup.com

Service

Infos

Contact

Legal notice

Privacy