Global insurance capacity facilitates China’s renewable energy boom

As the world aims to reduce CO2 emissions and reach climate goals, China is forecast to add the bulk of the global renewable energy capacity to be created by 2026 in the power sector. To be completed, the projects will require significant insurance capacity from international markets. Global renewable power capacity is expected to increase by more than 60% between 2020 and 2026, adding the equivalent of the current total global power capacity from fossil fuels and nuclear combined, according to the International Energy Agency (IEA). Solar photovoltaic (PV) alone is set to provide more than half of this capacity creation. […]

Managing the risk of electric fleets

Businesses are rapidly replacing their internal combustion engine (ICEs) powered fleets with electric vehicles (EVs) to reduce their carbon footprint. As part of the process, fleet managers need to address EV specific risks while also making sure that their insurance providers are keeping pace with the company’s changing risk exposure. The electric vehicle push In Europe, the EV model offering will continue to grow on the back of regulations that set limits to each manufacturer’s light-duty fleet average carbon emissions. Because companies can earn and trade credits, sales of EVs are critical to balancing emissions from other vehicles. Major manufacturers are planning […]

Lockton China Market Newsletter November 2021

As the pandemic and economic environment are improving, China will be steady expanding in its path of economic setting. Its priorities for consideration are growth, job creation and social welfare. We have created the latest market newsletter with a collection of recent market news, regulatory changes and risk management services that suit clients’ needs. Topics: (Chinese only) 安全生产法演变及新规下的安责险 沈阳爆炸事件 — 商户及家庭的保障 限电限产与营业中断险 工伤之在家办公“遇害”是工伤吗? 新冠疫情期间进口货物的风险管理及案例分析 浅谈“冷库财产风险管理面临的挑战” 车险中关于车主的家属如何定义? Download PDF version in Chinese here. For enquiries, please contact our team. Lockton China Market Newsletter (Chinese) 诺德中国通讯期刊

Lockton Named in Business Insurance’s Annual Best Places to Work in Insurance for the 12th year in a row

Lockton today announced it has been named in the annual Best Places to Work in Insurance for the twelfth consecutive year. The program, which is a feature by Business Insurance and Best Companies Group, recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow. “We are proud to be named to the Best Places to Work in Insurance list year-after-year,” said Peter Clune, chief executive officer, Lockton Companies. “While this year presented new challenges, it also solidified Lockton as a leader in terms of our client service as well […]

Lockton raises over $1M for COVID-19 relief in global philanthropic campaign

An important and enduring part of the Lockton story is our tradition of giving back to the communities in which we live and work, helping our people and communities reach their full potential, and empowering and inspiring our people and clients to be successful. These times are no different. As the COVID-19 pandemic continues to affect every single community in unimaginable ways, Lockton Associates, Producers and shareholders around the world have come together to raise over $1 million, donate thousands of personal protective equipment items, and give countless volunteer hours to local organizations making a difference in their communities. During […]