{"id":885388,"date":"2025-09-11T04:03:10","date_gmt":"2025-09-11T08:03:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\/"},"modified":"2025-09-11T04:03:10","modified_gmt":"2025-09-11T08:03:10","slug":"future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\/","title":{"rendered":"Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review"},"content":{"rendered":"<div class=\"mw_release\">\n<p>LONDON, Sept.  11, 2025  (GLOBE NEWSWIRE) &#8212; After years of navigating tough market conditions, power companies are beginning to see relief. Capacity is returning, competition among insurers is intensifying and pricing is easing, shifting the balance decisively in favour of buyers, according to the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rxRGbnWYYS9nh4kBkLB5B0ZUiOxGTjj6J23xnm-SFv_JuIZcULcITgXq-K42d8kXx6MBMobHVQ_edc_H70WtqHqRKroEuDWlNIDATR8FOHmS14xyqJaM_vjUthxlPISl1uMERdl-SAT7TcLW464iFVJP5rXFPb6q2cXmUtuZP2k=\" rel=\"nofollow\" target=\"_blank\">Power Market Review<\/a> published today by Willis, a WTW business (NASDAQ: WTW).<\/p>\n<p>Insurers are actively competing for business, with power and utilities companies achieving mid to high double-digit rate reductions for property damage and business interruption. Long-term agreements and no-claims bonuses are making a return, while local markets are gaining underwriting authority, boosting responsiveness and competition. Although softening conditions are extending into international liability markets, these are tempered by the impacts of climate change and decarbonisation pressures. In response, buyers are increasingly turning to captives and alternative risk financing, retaining more risk internally as they navigate ongoing market volatility.<\/p>\n<p>Key takeaways from the review include:<\/p>\n<ul type=\"disc\">\n<li>Transmission companies have been swimming against the tide, facing pressures to supply growing demand, connect renewables at scale, manage intermittency and reliability \u2014 all without sufficient capital to upgrade networks.<\/li>\n<li>Nuclear energy is poised to be a key answer to the power needs of data centres, offering clean, reliable and scalable electricity to support the growth of the digital economy.<\/li>\n<li>The international power liability market is softening on the surface, with Lloyd\u2019s reporting its third consecutive year of underwriting profit, but changing climate conditions and decarbonisation are impacting insurer appetite.<\/li>\n<\/ul>\n<p>Rupert Mackenzie, Global Head of Natural Resources at Willis said: \u201cThe energy sector sits at the centre of an electrified future, yet it faces challenges from geopolitical volatility and climate-driven disruption to underfunded transmission networks and aging infrastructure. Demand is increasing exponentially, and future-ready power companies are responding by leveraging insurance strategically in today\u2019s soft market. For power and utilities leaders, there is a clear opportunity to optimise risk strategies, control costs and position capital for sustainable growth in a rapidly changing landscape.\u201d<\/p>\n<p>The complete report can be downloaded <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sXOWg7TSR3igxfcZDOJIZNSd-fOG8kYBjcNhCzDaRPfDnTXzfCzYChFQkd2wBFZ5UW1zQCAeEo5ZBw9eK1HQMsx5fQ2DHgX0X9dKgW1mwtCiB8A2I-1_UUVwY7psm0YNUvdmUICcZRZC4uWvuduCkw==\" rel=\"nofollow\" target=\"_blank\">here<\/a>.<\/p>\n<p>\n        <strong>About WTW <\/strong>\n      <\/p>\n<p>At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.<\/p>\n<p>Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success\u2014and provide perspective that moves you. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iYtcTcgn8GyC2UmkRTSsb__tdu-8tDOce_e5wLi6sAtpvikF2A9U92KnW-ZMBPOkq6hjyt8JlJKBbxVuWZMjJUcvduWAtJkGHT95HntClBYq7w17VWFUuoF8H2wAKuuky-IaMLbxn1Aaez0Sl5fGPQ==\" rel=\"nofollow\" target=\"_blank\">wtwco.com<\/a>.<\/p>\n<p>\n        <strong>Media contact<\/strong>\n      <\/p>\n<p>Lauren David:<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rmAc8EtMTMnNncxbqMrSLuRbKQxMAjCOAl0a05QlFxav6mJKQ5P7pyGHEstmZAyHrKsU6GzpjkpM6JVUgaY3sGkqh5xwKepC05FpHTokTr4=\" rel=\"nofollow\" target=\"_blank\">Lauren.david@wtwco.com<\/a> \/ +44 7385947619<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyNjYzOSM3MTM5OTE2IzIwMTA4MTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZWJjMmYwOTQtMTBlZS00MmU3LTlhZmYtMzI2MGQ4ZDUzM2NiLTEwMjIzODQtMjAyNS0wOS0xMS1lbg==\/tiny\/Willis-Towers-Watson-US-LLC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, Sept. 11, 2025 (GLOBE NEWSWIRE) &#8212; After years of navigating tough market conditions, power companies are beginning to see relief. Capacity is returning, competition among insurers is intensifying and pricing is easing, shifting the balance decisively in favour of buyers, according to the Power Market Review published today by Willis, a WTW business (NASDAQ: WTW). Insurers are actively competing for business, with power and utilities companies achieving mid to high double-digit rate reductions for property damage and business interruption. Long-term agreements and no-claims bonuses are making a return, while local markets are gaining underwriting authority, boosting responsiveness and competition. Although softening conditions are extending into international liability markets, these are tempered by the impacts of climate change and decarbonisation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-885388","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LONDON, Sept. 11, 2025 (GLOBE NEWSWIRE) &#8212; After years of navigating tough market conditions, power companies are beginning to see relief. Capacity is returning, competition among insurers is intensifying and pricing is easing, shifting the balance decisively in favour of buyers, according to the Power Market Review published today by Willis, a WTW business (NASDAQ: WTW). Insurers are actively competing for business, with power and utilities companies achieving mid to high double-digit rate reductions for property damage and business interruption. Long-term agreements and no-claims bonuses are making a return, while local markets are gaining underwriting authority, boosting responsiveness and competition. Although softening conditions are extending into international liability markets, these are tempered by the impacts of climate change and decarbonisation &hellip; Continue reading &quot;Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-11T08:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyNjYzOSM3MTM5OTE2IzIwMTA4MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review\",\"datePublished\":\"2025-09-11T08:03:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\\\/\"},\"wordCount\":426,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTUyNjYzOSM3MTM5OTE2IzIwMTA4MTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/future-ready-power-companies-are-seizing-the-advantages-of-a-soft-market-according-to-the-willis-power-market-review\\\/\",\"name\":\"Future-ready power companies are seizing the advantages of a soft market, according to the Willis Power Market Review - 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