Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Inside Risk: Managing the risk of green and living walls
Green walls (also referred to as living walls or vertical gardens) have become increasingly common within our urban landscape. Typically incorporated into the vertical structures of buildings, they are promoted to boost biodiversity, reduce air pollu …
Space insurance: the promise of in-orbit repair
The market for insuring satellites in orbit has seen many developments, but space itself continues to be a challenging environment. The satellites we launch to space must survive years of intense solar radiation, damaging vacuum conditions and temper …
Mitigating the climate change impact on vineyards
Climate change poses several challenges for viticulture. Grapes are vulnerable to changes in temperature, precipitation, water availability, pests and diseases, and extreme weather events. Changes in weather patterns are becoming less predictable and …
“Pay to be paid” clause: consequences of the High Court’s marine ruling
In a significant ruling for the marine insurance industry, the High Court of England & Wales has confirmed the enforceability of “pay to be paid” clauses in marine insurance policies. What is a “pay to be paid” clause? The “pay to be paid” concept …
Parametric solutions: mitigating extreme weather risks in the mining sector
Extreme weather events such as floods and droughts, and natural catastrophes like tropical cyclones are major causes of disruption in the mining sector. As such events are expected to increase in frequency and severity, insurers are becoming more cau …
Mitigating the risks of carbon capture and storage projects
Every carbon capture and underground storage (CCUS) project is unique and requires engineering designs, procurement strategies, construction approaches and management systems. However, despite comprehensive analysis and skilled management processes, …
