AXA XL
Energy Transition Insurance Insights Report 2025
Pages
14
Time to read
20 mins
Publication
Language
English
Pages
14
Time to read
20 mins
Publication
Language
English
This report presents findings from the Energy Transition Insurance Insights Survey 2025, which examines the role of insurance in the energy transition. It outlines how businesses are adapting to the low-carbon economy and highlights emerging trends that are shaping this transition. The report documents the increasing perception of climate change and extreme weather events as significant risks within the energy sector, with a notable rise in the number of respondents who view these risks as having a very high impact on their operations. It details the engagement of internal and external insurance teams at various stages of project lifecycles, emphasizing the importance of early involvement in discussions around risk management. The report also discusses the barriers to the growth of renewable energy, including regulatory and financial challenges. Furthermore, it highlights the anticipated surge in electricity demand and the critical role that renewables will play in meeting this demand, as outlined by the International Energy Agency's forecasts for the coming decades.