ENERGY
Together with varying climate conditions and energy resources, a wide range of energy investments are rapidly increasing all around the globe. In parallel energy investments on international projects undertaken by the Turkish Interests abroad as well as projects handled with Turkish own resources, the number of investments on hydroelectric, coal and natural gas power plants, renewable wind and solar power plants, and nuclear power plants is significantly increasing day by day.
We offer comprehensive reinsurance solutions and consulting services for large energy investments in our country during both construction and operation periods.
Below are business lines we can offer for construction ? erection and operation periods under energy insurance policies;
- Natural Gas Combined Cycle Plants
- Thermal Power Plants
- Oil Production
- Pipelines, Storage Facilities and Terminals
- Hydroelectric Power Plant (HEPP)
- Solar Energy Plant (SEP)
- Wind Power Plant (WPP)
- Geothermal Power Plant
- Biothermal Power Plant
- Refinery/Hydrocarbon Treatment Facilities
- Onshore and Offshore Risks
MININGUnderground and aboveground mining insurance
Mining is considered as one of the most risky business lines. With the increasing needs for raw materials on a day by day basis, operations of the Mining industry have also expanded intensively. The total operation expenses of large mining corporations all around the world reached at an amount of 515 Billion Dollars in 2019, which once proves the capacity of investments in this business line.
In addition to such investments, tightened regulations of mining, increased sums insured of equipment, and accidents which will probably be arising out of mining facilities include significant risk factors that need to be well managed.
On the other hand, expectations of societies and relevant supervisory authorities of states in connection with the impact of mining facilities are increasing with each passing day.
Insurance products we recommend for mining are:
? Mine site and Commercial Package insurance,
? Employer?s Legal Liability
? Group Personal Accident, Miners? personal accident
? Moving and stationery machinery breakdown, extended motor own damage
? Third Party Legal Liability
? Environmental Pollution Liability policies
? Floating insurance
? Loss of profit, business interruption
? Cyber risk
? Product liability
? Credit insurance