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Spotlight on

Energy Transformation 2026

Powering a new energy order

 

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We are entering a period of profound transformation in the global energy system - one defined by immense opportunity for real economic growth, but also long-term, complex risks unfolding without an established roadmap for what lies ahead.

The magnitude and interconnected nature of the risks are driving the traditional insurance industry to rethink operating models, accelerate product innovation and find ways to unlock capacity needed to meet the scale and complexity of the new energy order.

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Success depends on early resilience and close collaboration across the value chain – clients, brokers, insurers, lenders, developers, technology providers and policymakers – to structure projects that can withstand headwinds. Insurers can strategically expand capacity, and help to anticipate emerging challenges with historical risk insight and tech-driven risk modelling. This makes insurers key to turning energy transition ambition into viable, investable assets.

Methodology 
Insights based on the Beazley Risk & Resilience Survey (Jan 2026) of 3,500 business leaders and insurance buyers across the UK, US, Canada, Singapore, France, Germany and Spain, spanning multiple industries and revenue bands, supported by expert interviews.