Market Watch - Low carbon economy: High hopes for low carbon

wind-energy

Andrew Williams investigates the promises and pitfalls of offering cover across the many and varied risks in the growing green energy sector.

Interest in writing renewable energy business is increasing; many in the industry anticipate that promoting a low-carbon economy will lead to a further upturn in business and employment opportunities in renewable energy insurance.

In meeting its commitment to an 80% reduction in carbon emissions from 1990 levels by 2050, the UK government needs to ensure that radical changes in infrastructure and power generation are set in train. A first step was made earlier this year with the announcement of

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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