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The insurance, called a solar-revenue put and backed by Swiss Re, guarantees minimum revenue.

Allianz SE and Nephila have banded together to offer a policy to wind farm developers known as a 'proxy revenue swap.'

Renewable energy becomes key as hurricanes and wildfires increase demand for coverage in this competitive market.

The energy industry continues to change.

The risks inherent in the energy insurance market are complex, challenging and potentially catastrophic.

Energy companies in some sectors have deferred asset maintenance and upgrades over the past several years, which has resulted in a rush of claims approaching billion-dollar losses.

As the price of crude oil hovers near historic lows, now is the perfect time for energy companies and the brokers and agents who support them to address some of the potential exposures acquired during the recent energy boom.

An atmosphere of pessimism has taken hold of the downstream energy-insurance market after two poor underwriting years, and while capacity has not been impacted yet, one or two exits by leading insurers could trigger a wider withdrawal, a new report says.