A Balancing Act: The Risks of Reducing Insurance for Australia’s Fossil Fuel Sector Amid ESG Pressures

Australia has set an ambitious target of achieving 82% renewable energy by 2030. However, with this goal unlikely to be met, reliance on fossil fuels is expected to remain significant for longer than initially planned. At the same time, insurers are reducing their underwriting exposure to coal and fossil fuel projects while expanding capacity for […]

A new chapter of leadership for our Property, Energy and Infrastructure team

Wotton Kearney is pleased to share some important news about the leadership of our Property, Energy and Infrastructure team, effective 1 July 2025.  After eight years of leading the team, Adam Chylek will be stepping into a new strategic role within the firm. Under Adam’s guidance, the team has grown significantly, expanded into emerging markets, […]

2024/25 WK Turning Point Competition: Winner Announced

Congratulations to Derek Martin, Head of APA Claims at Munich Re on winning the WK Turning Point Competition for 2024/25! The 2024/25 competition challenged the insurance industry’s most creative and progressive thinkers to develop a white paper through the lens of an insurance ‘turning point’ market issue in the Property, Energy & Infrastructure sector. Derek impressed the […]

Future Proof ‘25: Insurance and risk insights across Asia-Pacific

The future of insurance and risk in Asia-Pacific is here, and rapidly evolving. Are you ready? In a world marked by rapid technological advancement, innovation, evolving regulatory demands and increasing complexity across multiple risk sectors, Future Proof ’25 examines the diverse forces reshaping insurance and business landscapes. This report highlights emerging trends and critical challenges […]

New Zealand Insurance Market Trends Update 2025: The key developments shaping the industry in Aotearoa

In a rapidly changing landscape, staying informed is essential to navigating the complexities of New Zealand’s insurance market. That’s why we’ve released our New Zealand Insurance Market Trends Update 2025 – a comprehensive analysis of the key developments shaping the industry in Aotearoa. Packed with valuable insights, the report delves into emerging legal trends, evolving […]

Finalists announced in Wotton Kearney’s Turning Point competition

Wotton Kearney is delighted to announce the five finalists of the 2024/25 W+K Turning Point competition. The 2024/25 competition, which was launched in July, threw out a challenge to the insurance industry’s most creative and progressive thinkers to outline their idea for a white paper that explores and leads the next generation of ideas in […]

Gridlock – why insurers need to focus on the grid as Australia transitions to renewables

A successful Australian transition to renewable energy hinges on the grid’s ability to deliver and store energy. Reflecting this reality, there has already been significant investment in energy storage Australia-wide. This will lead to valuable storage assets being commissioned over the next three decades. Edward Burrell and Bailey Neate look at the storage story and […]

Rushing the Australian transition to renewable energy adds risk for all players

Following Australia’s east coast energy crisis, the Minister for Climate Change and Energy announced a faster transition to renewable energy. To meet the government’s goals, Australia is moving at a break-neck pace to transition to renewables, and insurance players are watching closely as new risk patterns emerge. Property, Energy + Infrastructure partner Edward Burrell and […]

Wind power creates a strong headwind for insurers

Onshore and offshore wind farms are the fastest growing renewable energy source in Australia, and the demand is accelerating. This growth is enabled by evolving wind technology, which continues to present distinct and expensive challenges for operators and their insurers. In this article, Adam Chylek and Doug Heard look at how insurers are actively informing […]