The Infrastructure Act 2015 receiving its royal assent in February this year and the issue of fracking is as contentious as ever. The Act opened up the door for shale gas exploration, allowing fracking operators to explore for petroleum or deep geothermal energy at levels below 300 metres without having to gain the consent of the landowner. [Read More...]

Although many in the UK Government support the continued development of fracking when it comes to drilling for shale gas, there is still some uncertainty as to how far the controls and requirements will extend when it comes to regulating the industry. With the debate surrounding the issue becoming more intense in recent months, questions must be asked about the implications of fracking in the United Kingdom for insurers? How will underwriters manage the task of assessing risk, when it is possible that potential hazards to human health and property may not yet been identified or confirmed as being linked to the fracking process? [Read More...]