Artio enables over $200 million into carbon projects as it expands underwriting capacity
By Ibrahim Sarwar
Artio announces the enablement of over $200 million deployed or being deployed into carbon projects
Already on track to see more than double the capital being deployed in the next 12 months
Existing capacity relationships with Tokio Marine GX, Markel and Apollo renewed and expanded following a strong first year of execution
OAK Global joins Artio’s underwriting panel as the specialist insurer scales its products, capabilities and support for the carbon market
LONDON, 15 September 2026: Artio, the specialist carbon insurance provider, today announces it has enabled over $200 million into carbon projects, including a recent $30 million carbon credit pre-purchase by a US listed entity.
The milestone transaction further highlights the desire for, and impact that, Artio’s insurance infrastructure can enable, supporting larger and more sophisticated investments in carbon projects.
Rapid expansion as market demand grows
By protecting buyers and investors against clearly defined project and delivery risks, Artio’s insurance products can help developers secure capital, strengthen the investability of future carbon credits and give market participants greater confidence to enter long-term agreements, which has fueled its rapid expansion as the market grows.
Following a strong first year of underwriting and execution, Artio has renewed and expanded its relationships with Tokio Marine GX, Markel, and Apollo with increased capacity lines.
The company has further strengthened its underwriting panel by adding OAK Global as a new capacity partner. OAK Global’s extensive underwriting expertise within the climate resilience and technology space through its strategic business unit, OAK Horizon, is highly complementary to Artio’s mission to de-risk the carbon credit market.
Together, the expanded panel gives Artio the capacity and expertise to support growing demand from insurance brokers, global traders, carbon funds, investors and project developers.
Bilal Hussain, Co-Founder & CEO said:
"Artio was built to turn confidence in carbon markets into deployable capital. Insuring transactions of this scale, expanding the support of our existing carriers and welcoming OAK Global demonstrates that we are delivering on that ambition.
The market is asking for sophisticated, scalable protection against real project risks. We are proud to be executing at this level and building the products, partnerships and capabilities needed to support the next stage of carbon market growth.”
Ben Kinder, Chief Underwriting Officer – Tokio Marine GX said: :
"With decades of experience insuring renewable energy projects, we understand the critical role specialist underwriting expertise and risk solutions can play in enabling investment and supporting the global transition to a greener economy.”
“We are pleased to continue and expand our work with Artio as it brings market leading risk analysis and credible insurance capacity to the carbon market.”
Glenn O’Halloran, Class Lead of Transition – OAK Global said:
"Carbon markets require sophisticated risk solutions that can keep pace with their growth. Artio combines specialist market knowledge, predictive risk modelling and a clear focus on execution.
Our partnership supports OAK Global’s commitment to applying science, data and underwriting expertise to emerging climate risks, helping organisations build resilience and invest with greater confidence.””
Bryan Dressler, Director, Head of Warranty & Indemnity – Markel said:
"As one of Artio’s founding capacity providers, we’ve backed its proposition from the outset and remain committed to doing so as demand for carbon insurance accelerates.
By supporting innovative and credible solutions such as Artio’s, we can help give businesses and investors the confidence they need to participate in the carbon market and advance the energy transition."
Ralph Hale, Underwriter - Apollo said:
"Our continued partnership with Artio reflects Apollo’s dedication to providing tailored risk solutions for complex and emerging sectors.”
By combining deep technical expertise with a sharp focus on underwriting discipline, Artio is proving that credible, science-backed insurance is the key to de-risking the carbon market. We look forward to supporting their ongoing growth and the vital projects they help facilitate.”
Building the team to scale
Artio is also expanding its team in response to increasing market demand. Recent appointments include Sunneth Lawrence from Aon as Senior Underwriter.
Sunneth’s background brings further institutional insurance knowledge to the team, with a focus on scaling its insurance products to support larger and more sophisticated transactions, and ideating new innovations in the space.
