Energy and Natural Resources
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Power & Utilities
Target clients
The Power & Utilities team provides property damage, business interruption, all risk as well as boiler and machinery coverage for power and utility companies with insured assets greater than USD 200 million.
Our target clients are large and mid-sized companies active in any or the combined field of:
- Power Generation & Distribution
- Gas & Water (drinking, waste water & district heating) distribution networks
- Water Treatment plants
- Waste Management & Recycling
Coverage
Coverage
- All Risks Property Damage and Business Interruption
- Machinery Breakdown
- Parametric Solutions
Product offerings & requirements
Any participation by Swiss Re Corporate Solutions is always dependent on individual risk factors, including risk quality, loss history, terms & conditions and risk appetite.
Participation: Quota Share, Layers and Excess of Loss
Capacity |
up to USD 125 million |
Minimum deductibles | Property Damage USD 50,000 / Business Interruption 30 days (depending on technology and megawatt output) |
Mining
Target clients
The Mining team provides property damage, business interruption, all risk as well as boiler and machinery coverage for surface and underground mining operations. That includes hard rock, soft rock and primary smelting and refining.
Target clients are:
- Hard- and Softrock Mining companies
- Large and mid-sized companies
- Growing junior companies
Coverage
Coverage
- All Risks Property Damage and Business Interruption
- Machinery Breakdown
- Parametric Solutions
Product offerings & requirements
Any participation by Swiss Re Corporate Solutions is always dependent on individual risk factors, including risk quality, loss history, terms & conditions and risk appetite.
Participation: Quota Share, Layers and Excess of Loss
Capacity |
up to USD 100 million, and up to 15% share |
Minimum deductibles | USD 250,000 for Property Damage and 30 days for Business Interruption. Depending on exposure and quality, higher deductibles may be necessary. |
Additional considerations | Critical coverages or extensions such as tailings storage facilities, underground, haul roads, CBI, port blockage, ingress/egress etc. require an appropriate sub-limit |
Downstream Energy
Target clients
The Downstream Energy team provides property damage and business interruption coverage for the oil and gas industry engaged in the refining, storage and transportation of hydrocarbons within the downstream and mid-stream sector.
Target clients are:
- Global and domestic oil & gas companies with minimum total insured values of USD 100 million
- Oil refineries, gas processing, gas treatment, LNG and petrochemical plants
- Pipelines, terminals, oil and natural gas storage (above and below ground)
Coverage
Coverage
- All Risks Property Damage and Business Interruption
- Machinery Breakdown
- Parametric Solutions
Product offerings & requirements
Any participation by Swiss Re Corporate Solutions is always dependent on individual risk factors, including risk quality, loss history, terms & conditions and risk appetite.
Participation: Quota Share, Layers and Excess of Loss
Capacity |
up to USD 125 million |
Minimum deductibles | Downstream: Property Damage USD 1 to 5 million / Business Interruption 60 days waiting period Midstream: Property Damage USD 100,000 / Business Interruption 30 days waiting period |
Upstream Energy
Target clients
The Upstream Energy team covers assets and activities in the exploration and production of hydrocarbons, from their natural state until processing. These can be located Offshore and Onshore.
Target clients are:
- Vertically integrated international oil companies
- Independent E&P companies
- Contractors (drillers, construction companies)
- Service companies (geophysical, well service)
Coverage
Coverage
- All Risks Property Damage and Business Interruption
- LOPI/LOTI/LOH, OEE, construction and 3rd party liability
- Machinery Breakdown
- Parametric Solutions
Product offerings & requirements
Any participation by Swiss Re Corporate Solutions is always dependent on individual risk factors, including risk quality, loss history, terms & conditions and risk appetite.
Participation: Quota Share, Layers and Excess of Loss
Capacity |
up to USD 150 million (non-NatCat) |
Minimum deductibles | Above frequency losses, generally USD 500,000 to USD 1 million depending on occupancy and 60 days waiting period |
Standard Market Wordings | e.g. EED 8/86, LSW 244/245, London Platform Form, WelCar, Nordic Plan |
Our Sustainability Strategy
Contact us Get in touch

Martin Hegelbach
Head Property & Specialty

Thomas Brem
Head Energy

Kashe Sambhi
Head Upstream Energy

Lars Gono
Head Mining & Power
Corporate Solutions

Patrick Hauser
Head Downstream Energy

Faris Nimri
Head Renewable Energy