One of the most prominent examples of this shift in priority in the insurance industry is a collaboration between Zurich Insurance Group and Aon, who have joined to establish a clean energy insurance facility for hydrogen projects, Global Data reports. (Photo: narawit/Adobe Stock)
The number of patents for clean energy insurance has increased substantially in recent years – from 1,537 in 2014 to 3,004 in 2023, according to GlobalData. The number of patents for carbon capture in the insurance sector also increased from 2,009 to 5,143 over the same time frame.
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