Energy, Mining & Utilities

The energy sector faces numerous challenges and requires significant expertise. Whether you need to hedge against weather events or commodity price rises, cover the construction of your renewable energy project or insure the operation of your petrochemical plant, we have the knowledge, experience and risk appetite to help you with your risk transfer needs.

Risk management expertise, worldwide. Energy providers face severe, complex risks. Our Mining & Energy underwriting team shares your understanding of trends in the energy market. We use our deep technical knowledge to create tailored insurance solutions that help provide long-term protection.

Capacity and financial strength. We offer among the highest capacity available in the marketplace, based upon the Swiss Re Group’s diversified portfolio and strong financial rating . Our capacity deployment is dependent upon risk quality, location(s) and occupancy. We are able to participate as Lead, Co-insurer or independently, deploying capacity proportionately, excess of loss, primary or a combination of structures in the form of insurance or reinsurance of captives.

A commitment to service and lasting relationships. In this constantly evolving sector, our experts around the world continue to provide local support. We'll work with you to address your needs while maintaining the highest risk engineering, environmental and claims management standards.

At Swiss Re Corporate Solutions Australia & New Zealand we offer:

Insurance for Energy & Power Industries providing a wide range of insurance products for risk associated with the construction and operation of the oil and gas, petrochemical, power and mining industries. We specialize in providing companies across the world with customized solutions for risks within our industry segment. Our underwriters are supported by dedicated risk engineers who evaluate and survey the risks we insure.

Our target customers include:

  • Upstream energy (exploration & production, drilling contractors)
  • Midstream energy (pipelines, LNG facilities, tankage)
  • Downstream energy (refining & marketing, petrochemicals)
  • Mining (hardrock, softrock, surface and underground, primary smelting)
  • Power & utilities (power generation including alternative energy, electricity and gas distribution, large water treatment and sewage plants)

Out of Scope:

  • Thermal Coal for Mining & Power Generation (where the policy attracts >30% revenue from thermal coal)