The Downstream Energy market remains delicately poised following significant loss activity in 2025 and a continued pattern of events during the first half of 2026.

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The upstream energy sector is driven by LNG growth and energy security, with a focus on strategic gas investments. Meanwhile, abundant insurance capacity ensures favourable terms, despite rising claims activity.

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Geopolitical volatility, an accelerating energy transition, and the ongoing data revolution are combining to redefine the mining sector, and these trends are expected to continue beyond 2026.

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