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Home Renewable

MSIG Asia and RiskPoint Collaborate to Strengthen Renewable Energy Insurance in APAC

Urja Daily by Urja Daily
January 30, 2025
in Renewable
Reading Time: 1 min read
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MSIG Asia and RiskPoint
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MSIG Asia and The RiskPoint Group have partnered to enhance renewable energy (RE) insurance in the Asia Pacific region.

Following approval from the Monetary Authority of Singapore, RiskPoint will serve as MSIG Singapore’s Managing General Agent. The collaboration leverages Singapore’s role as an insurance hub to provide tailored coverage for solar, wind, and hydroelectric projects. Combining MSIG’s regional network and financial resources with RiskPoint’s underwriting expertise, the partnership addresses sector challenges like regulatory shifts and natural disasters. With over USD3 trillion projected for APAC power investments in the next decade, the initiative aligns with MSIG’s 2029 Growth Ambition and Singapore’s green energy goals. The partnership builds on a longstanding relationship between the companies, dating back to 2008, and aims to support large-scale renewable energy projects across the region.

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