Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
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 …
Directors and Officers (D&O): Trends and Insights
In the first half of 2024, New Zealand’s Directors and Officers (D&O) insurance market has continued the trend of premium stabilisation seen last year. Large enterprises are benefitting from premium reductions, providing some relief in an era of risi …
Case Study: Establishing a Captive Insurance Company and Strategic Reinsurance Approach
The Client: A large New Zealand property business The Situation: The business faced continually increasing premiums that far exceeded the rise in asset values The Approach: Lockton partnered closely with the client to establish their own insuranc …
“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, …
