Carbon Capture Usage and Storage Insurance (CCUS)
Expert insurance solutions for the development and operation of carbon capture, usage and storage projects
Large-scale capacity backed by a global insurance powerhouse committed to energy transition
The potential for carbon capture, usage and storage (CCUS) is immense. It will play a pivotal role in the energy transition by capturing carbon emissions from industrial sites. This cutting-edge technology offers the potential to retrofit existing sites and effectively utilize depleted reservoirs for CO2 storage, particularly in developed countries. By capturing and storing carbon emissions, CCUS not only significantly mitigates the environmental impact from industry, but also supports the recycling of infrastructure, paving the way for a cleaner, more sustainable future.
Bespoke global coverage for greenfield and brownfield construction and operational risks
Tokio Marine GX’s CCUS Insurance covers the financial and operational uncertainties associated with implementing CCUS technologies. This includes protection against risks during both the construction and ongoing operational phases, at both brownfield and greenfield installations, ensuring that developers and operators can proceed with confidence. By offering coverage for new developments and the repurposing of existing infrastructure, we enable the recycling of assets and support the reduction of CO2 emissions, aligning with sustainability goals.
Expertise in supporting innovative energy solutions
Our strength lies in the meaningful lead capacity we offer, the flexibility we provide and the expertise we have developed that allows us to support significant projects globally. Tokio Marine GX’s insurance products cover existing infrastructure for carbon capture, promoting the recycling of assets, and the development of new, more sustainable assets. By facilitating the integration of CCUS into broader energy transition strategies, we also help pave the way for sustainable energy solutions. Contact us to find out how our CCUS Insurance can support your projects and contribute to a cleaner future.