Willis sees renewable energy insurance rates fall 20%-30% for top-tier risks as capacity grows

• Willis Towers Watson analysis flags abundant insurance capacity driving sustained rate softening in renewable energy, despite higher underwriting complexity.
• 2026 pricing seen down 20%-30% for Tier 1 risks; down up to 10%-15% for Tier 2; loss-hit renewals hinge on loss size.
• Insurers maintained combined ratios below 90%, with further quarter-by-quarter softening expected.
• Portfolios skew about 50% to the US, with insurers seeking international diversification as energy security reshapes risk profiles.
• Geopolitical volatility compresses project timelines, raising dependency risks; underwriting focus shifting toward recovery evidence, data quality, long-term risk management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willis Towers Watson plc published the original content used to generate this news brief on June 18, 2026, and is solely responsible for the information contained therein.