Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review
Willis (NASDAQ: WTW) has released its Power Market Review, revealing a significant shift in the power insurance market favoring buyers. The report highlights that power companies are experiencing mid to high double-digit rate reductions for property damage and business interruption insurance, with increased market capacity and competition among insurers.
The review identifies key trends including the return of long-term agreements and no-claims bonuses, challenges faced by transmission companies, nuclear energy's potential role in powering data centers, and the impact of climate change on liability markets. Companies are increasingly utilizing captives and alternative risk financing strategies to manage market volatility.
Willis (NASDAQ: WTW) ha pubblicato il suo Power Market Review, che evidenzia un cambiamento significativo nel mercato delle assicurazioni per il settore elettrico a favore degli acquirenti. Il rapporto segnala che le società energetiche stanno ottenendo riduzioni dei premi a due cifre medio‑alte per danni materiali e interruzione dell'attività, grazie a una maggiore capacità del mercato e alla competizione tra assicuratori.
La review individua tendenze chiave come il ritorno degli accordi di lungo periodo e dei bonus per assenza di sinistri, le difficoltà delle aziende di trasmissione, il potenziale ruolo dell'energia nucleare nell'alimentare i data center e l'impatto dei cambiamenti climatici sui mercati di responsabilità. Le imprese ricorrono sempre più a captive e a soluzioni alternative di finanziamento del rischio per gestire la volatilità del mercato.
Willis (NASDAQ: WTW) ha publicado su Power Market Review, que revela un cambio significativo en el mercado de seguros eléctricos a favor de los compradores. El informe destaca que las compañías eléctricas están logrando reducciones de tarifas de dos dígitos medias a altas en seguros por daños a la propiedad y pérdida de beneficios, gracias al mayor capital disponible en el mercado y la competencia entre aseguradoras.
La revisión identifica tendencias clave como el regreso de los contratos a largo plazo y los bonos por no siniestralidad, los retos que afrontan las empresas de transmisión, el posible papel de la energía nuclear para alimentar centros de datos y el impacto del cambio climático en los mercados de responsabilidad. Las compañías recurren cada vez más a captive y a estrategias alternativas de financiación del riesgo para gestionar la volatilidad del mercado.
윌리스(Willis, NASDAQ: WTW)가 전력 시장 검토 보고서(Power Market Review)를 발표했으며, 이는 구매자에게 유리하게 전력 보험 시장에 큰 변화가 있음을 보여줍니다. 보고서는 전력회사들이 재산 피해 및 영업중단 보험에 대해 중고(중간~높은) 두 자릿수 보험료 인하를 경험하고 있으며, 시장 용량 확대와 보험사 간 경쟁이 그 배경이라고 강조합니다.
리뷰는 장기 계약 및 무사고 보너스의 복귀, 송전 회사들이 직면한 어려움, 데이터센터 전력 공급에서의 원자력의 잠재적 역할, 기후변화가 책임 보험 시장에 미치는 영향 등 주요 동향을 지적합니다. 기업들은 시장 변동성을 관리하기 위해 캡티브 및 대체 위험 금융 전략을 점점 더 활용하고 있습니다.
Willis (NASDAQ: WTW) a publié son Power Market Review, révélant un changement significatif du marché de l'assurance énergie en faveur des acheteurs. Le rapport souligne que les entreprises électriques bénéficient de réductions de tarifs à deux chiffres, de moyennes à élevées, sur les assurances dommages matériels et perte d'exploitation, grâce à une capacité de marché accrue et à la concurrence entre assureurs.
La revue identifie des tendances clés telles que le retour des accords à long terme et des bonus sans sinistre, les difficultés rencontrées par les entreprises de transmission, le rôle potentiel de l'énergie nucléaire pour alimenter les centres de données et l'impact du changement climatique sur les marchés de responsabilité. Les sociétés recourent de plus en plus aux captives et à des stratégies alternatives de financement du risque pour gérer la volatilité du marché.
Willis (NASDAQ: WTW) hat seinen Power Market Review veröffentlicht und zeigt damit eine deutliche Verschiebung im Stromversicherungsmarkt zugunsten der Käufer. Der Bericht hebt hervor, dass Energieunternehmen mittlere bis hohe zweistellige Beitragskürzungen für Sachschäden und Betriebsunterbrechungsversicherungen erzielen, bedingt durch erhöhte Marktkapazität und Wettbewerb unter den Versicherern.
Die Analyse nennt zentrale Trends wie die Rückkehr zu langfristigen Vereinbarungen und No‑Claims‑Bonussen, Herausforderungen für Übertragungsunternehmen, die potenzielle Rolle der Kernenergie bei der Versorgung von Rechenzentren sowie die Auswirkungen des Klimawandels auf Haftpflichtmärkte. Unternehmen nutzen zunehmend Captives und alternative Risikofinanzierungsstrategien, um Marktvolatilität zu steuern.
- Insurance market conditions are softening with mid to high double-digit rate reductions
- Return of long-term agreements and no-claims bonuses
- Increased competition among insurers and market capacity
- Local markets gaining more underwriting authority
- Transmission companies face capital constraints for network upgrades
- Climate change and decarbonization pressures affecting liability markets
- Challenges from geopolitical volatility and aging infrastructure
LONDON, Sept. 11, 2025 (GLOBE NEWSWIRE) -- After years of navigating tough market conditions, power companies are beginning to see relief. Capacity is returning, competition among insurers is intensifying and pricing is easing, shifting the balance decisively in favour of buyers, according to the Power Market Review published today by Willis, a WTW business (NASDAQ: WTW).
Insurers are actively competing for business, with power and utilities companies achieving mid to high double-digit rate reductions for property damage and business interruption. Long-term agreements and no-claims bonuses are making a return, while local markets are gaining underwriting authority, boosting responsiveness and competition. Although softening conditions are extending into international liability markets, these are tempered by the impacts of climate change and decarbonisation pressures. In response, buyers are increasingly turning to captives and alternative risk financing, retaining more risk internally as they navigate ongoing market volatility.
Key takeaways from the review include:
- Transmission companies have been swimming against the tide, facing pressures to supply growing demand, connect renewables at scale, manage intermittency and reliability — all without sufficient capital to upgrade networks.
- Nuclear energy is poised to be a key answer to the power needs of data centres, offering clean, reliable and scalable electricity to support the growth of the digital economy.
- The international power liability market is softening on the surface, with Lloyd’s reporting its third consecutive year of underwriting profit, but changing climate conditions and decarbonisation are impacting insurer appetite.
Rupert Mackenzie, Global Head of Natural Resources at Willis said: “The energy sector sits at the centre of an electrified future, yet it faces challenges from geopolitical volatility and climate-driven disruption to underfunded transmission networks and aging infrastructure. Demand is increasing exponentially, and future-ready power companies are responding by leveraging insurance strategically in today’s soft market. For power and utilities leaders, there is a clear opportunity to optimise risk strategies, control costs and position capital for sustainable growth in a rapidly changing landscape.”
The complete report can be downloaded here.
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Lauren David:
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FAQ
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