Reversal Cover

Artio's Reversal Cover empowers carbon project developers, and the buyers who back them, to mitigate the risk of credits reversing after issuance. Our comprehensive coverage addresses the primary drivers of reversal, offering a single, streamlined solution across your portfolio.

Whether you are protecting risk at the registry level or credits held by a buyer, Artio provides the security needed to carry permanence risk across the full durability period.

Approved By

  • We cover reversal of issued credits, where a named peril in your Policy is the direct cause and the credits can no longer be transferred, resold, or used to claim the reduction or removal behind them*.

    Artio's team has worked in the carbon markets for several years and defined quality when it was needed most. During that time we gained direct insight into why credits are reversed and matched that with analysis of historical reversal events across the major registries to define our coverage (see below for further detail on risks covered).

    *Subject to terms and conditions defined in Your Policy

  • No. You choose the perils you want covered, whether that is a single peril, a combination, or the full set. Some developers insure only the risks their buffer or their offtake leaves exposed, while others take everything. Cover is built around your risk profile and your budget, and the perils selected are set out in your Policy*.

    *Subject to terms and conditions defined in Your Policy

  • Start with an Insurability Assessment. Artio runs these free of charge for any developer looking to cover their reversal risk. You will find out whether your project is insurable, and you will get feedback direct from Artio's™ Risk Engine, our market leading reversal risk analysis, on the drivers that matter most for your project.

    There is no obligation to buy cover, and the assessment is useful in its own right for understanding where your permanence risk sits.

  • We can settle in the cash value or replacement credits from our credit supplier pool.

    Cash

    Pre-defined credit price* defined in your policy and linked to market rates.

    Credits

    Receive credits that align to your strategy. We understand no two credits are truly similar, that’s why we work with you to source in-kind credits* that meet your needs.

    This means you don’t end up with REDD credits as replacement for your ARR project.

    *pricing curve and/or in-kind credits will be defined by Your Policy and subject to Policy terms and conditions

LEARN MORE

We analysed years of historical reversal data and over 5,500 projects across the major registries to ensure our single, streamlined Reversal product covers the primary drivers of reversal. This covers

Reversal due to

Fire

Flood

Drought

Earthquake

Storm

Financial Distress

Land Tenure

Stakeholder and Local Community

Political

Our proprietary risk engine understands why and how projects can face reversal risk. This powers our insurance and helps us share insights with you in real-time so you can monitor your risks and mitigate effectively.

Our insurance products are backed by global leaders in insurance

INSURANCE PARTNERS

FAQs

  • Tokio Marine HCC is a global specialty insurance group known for its expertise in niche and high-risk markets, holding an AA- Fitch rating and reporting annual premiums of over $8 billion.

    Markel Corporation, a diversified specialty insurer covering industries like M&A, marine, and cyber, has an A+ Fitch rating with annual premiums exceeding $10 billion.

    Apollo Syndicate Management, a Lloyd’s managing agent providing flexible underwriting solutions across multiple lines, operates under Lloyd’s market ratings, including an AA- Fitch rating.

  • We can settle claims in either cash or in-kind credits based on your coverage preferences. Importantly we help define what an in-kind credit is to ensure that you receive credits aligned to your long term strategy.

  • We can issue a quote in as little as 2 days*.

    Artio’s industry leading risk model analyses your project documents, i.e. shapefiles, feasibility studies, financial models, and investment agreements to deliver a fast, reliable premium quote for your forecasted credits. We ensure insurance supports, not delays, your project’s growth.

    *Subject to all requested documents being provided with level of detail required

  • Artio™ Risk Model has been created specifically to understand all the risks carbon projects face when it comes to reversal risk across the full durability period.

    Built with market specific knowledge over years of assessing quality, geospatial analysis and bringing in a wider understanding of project finance alongside wider risk modelling, and trained on reversal events across more than 5,500 projects, we use the model to power our insurance and look forward to what is realistically achievable in terms of long term permanence.

  • Our Underwriting Platform and live risk monitoring services (see risk insights) are available at no additional cost to those insured by Artio.

  • At Artio , we prioritise the project types that align with market demand and where we see the market evolving. This is matched by bulding project type specific risk models to ensure the best coverage across the market.

    You can reach out to learn more about the full list which includes but is not limited to:

    ARR; Blue Carbon; Biochar; ERW, Alkalinity Enhancement; IFM; BiCRS; Cookstoves & others.

    While we have a strong focus on carbon dioxide removal (CDR), we are expanding as new project types mature and investment in these solutions grows. We’re always happy to discuss our roadmap and gain insights into the markets’ priorities today.

Insure your Carbon Investment

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