- Energy Insurance Enerji Sigortası
- Specialist insurance covering energy generation and transmission assets including solar, wind, hydroelectric and battery storage facilities. Coverage spans the construction phase (CAR/EAR), the operational phase (property all risk, machinery breakdown, business interruption) and liability. Energy risks are typically placed in specialist markets such as Lloyd's of London.
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- Engineering Insurance Mühendislik Sigortası
- An umbrella term for specialist insurance products covering engineering and machinery risks, including Construction All Risk (CAR), Erection All Risk (EAR), Machinery Breakdown (MB), Electronic Equipment Insurance (EEI) and Advance Loss of Profits (ALOP). Each product addresses a distinct phase of the asset lifecycle from construction through operation.
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- Erection All Risk (EAR) Montaj All-Risk (EAR)
- Insurance covering loss or damage to machinery, mechanical and electrical equipment during erection, installation and commissioning. Unlike CAR, EAR typically covers damage resulting from mechanical and electrical breakdown during testing, in addition to all-risks physical loss or damage. Common in power generation, industrial plant and infrastructure projects.
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- Excess of Loss Reinsurance (XL) Hasar Fazlası Reasüransı (XL)
- A form of non-proportional reinsurance in which the reinsurer pays losses exceeding the cedant's retention up to an agreed limit. If the cedant has a retention of USD 10M and an XL layer of USD 90M xs USD 10M, a USD 50M loss results in the cedant paying USD 10M and the reinsurer USD 40M. Structured on a per-risk or per-occurrence basis.
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