{"id":1974,"date":"2025-08-21T09:30:15","date_gmt":"2025-08-21T09:30:15","guid":{"rendered":"http:\/\/www.xinetica.com\/?p=1974"},"modified":"2025-08-21T14:29:48","modified_gmt":"2025-08-21T14:29:48","slug":"oka-launches-green-credit-insurance-offering","status":"publish","type":"post","link":"http:\/\/www.xinetica.com\/index.php\/2025\/08\/21\/oka-launches-green-credit-insurance-offering\/","title":{"rendered":"Oka launches green credit insurance offering"},"content":{"rendered":"<p>Oka, the US carbon-credit insurance carrier, has announced the expansion of its climate risk solutions with the launch of a new green credit insurance offering.<\/p>\n<p><img loading=\"lazy\" class=\"alignright wp-image-147977 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\" width=\"360\" height=\"203\" data-src=\"http:\/\/www.xinetica.com\/wp-content\/uploads\/2025\/08\/oka-logo-.jpg\">The expansion builds on Oka\u2019s carbon products, and aims to de-risk a wider range of sustainable finance projects.<\/p>\n<p>Oka\u2019s expanded suite now includes coverage for:<\/p>\n<ul>\n<li>Transition project financing: Cover prepayments for climate transition projects, including carbon-credit generation, clean-power generation, and green industry development<\/li>\n<li>Green and blue financing: Provides coverage for buy-to-hold green and blue bonds<\/li>\n<li>Sustainability-linked financing: Insures loans benchmarked against sustainability KPIs.<\/li>\n<li>Letters of credit and counter-indemnities: Guarantees repayment for climate transition project contracts.<\/li>\n<li>Loans to climate leaders: Obligors driving the climate transition, maintaining high environmental ratings, or directing or benchmarking proceeds to climate-related or against sustainability-linked KPIs, respectively<\/li>\n<\/ul>\n<p>Since its inception, Oka, via Lloyd\u2019s syndicate 1922, has focused on using sophisticated underwriting, AI-led data analysis, and deep industry expertise to lower project costs and accelerate progress toward net zero.<\/p>\n<p>With its new offering, the firm hopes to replicate its success in the carbon markets across adjacent clean-energy and renewable industries.<\/p>\n<div class=\"reins-in-every-article\" id=\"reins-3035951600\">\n<div data-reins-trackid=\"107022\" data-reins-trackbid=\"1\" class=\"reins-target\" id=\"reins-1162181860\">\n<p><a href=\"https:\/\/www.artemis.bm\/artemis-london-2025\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"size-full wp-image-999999 aligncenter lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"Register for the Artemis London 2025 cat bond and ILS market conference\" width=\"728\" height=\"100\" data-src=\"http:\/\/www.xinetica.com\/wp-content\/uploads\/2025\/08\/artemis-london-2025-banner-aug.jpg\"><\/a>&lt;!&#8211;<a href=\"https:\/\/www.artemis.bm\/artemis-ils-market-reports\/\" target=\"_blank\" rel=\"noopener\"><img class=\"size-full aligncenter lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"Download free catastrophe bond market reports from Artemis\" width=\"728\" data-src=\"http:\/\/www.xinetica.com\/wp-content\/uploads\/2025\/05\/catastrophe-bond-ils-market-report-q1-2025-728x90-2.png\"><\/a>&#8211;&gt;<\/p>\n<\/div>\n<\/div>\n<p>Commenting on the news, Oka Founder &amp; CEO Chris Slater said: \u201cExpanding our proposition to a broader sustainable finance remit is a natural evolution for Oka. In the renewables market as for the carbon market, there\u2019s an urgent need for long-tenor risk cover to mobilise capital for innovative decarbonisation projects and companies.<\/p>\n<p>\u201cThe technologies may be new and the risks complex, with projects often requiring high upfront and long-term capital. Against this backdrop, dynamic AI-led underwriting and deep market insight \u2013 qualities of which Oka is proud \u2013 are vital for building longstanding partnerships in this space.\u201d<\/p>\n<p>Oka also announced the appointment of James Morrell as Head of Credit Underwriting. The executive brings over 18 years of experience in credit and political risk, having most recently worked at HDI Global Specialty SE.<\/p>\n<p>Throughout his career, he has also held roles at Beazley and Brit.<\/p>\n<p>Morrell stated: \u201cClients tell us they need certainty \u2013 in both policy terms and carrier expertise. Oka brings both to the table, coupled with a strong track record of supporting developers and lenders and driving innovation in the carbon markets. Through our expanded remit, we look forward to removing barriers to trade and investment to help drive progress towards a sustainable future.\u201d<\/p>\n<p>The post <a href=\"https:\/\/www.reinsurancene.ws\/oka-launches-green-credit-insurance-offering\/\">Oka launches green credit insurance offering<\/a> appeared first on <a href=\"https:\/\/www.reinsurancene.ws\">ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oka, the US carbon-credit insurance carrier, has announced the expansion of its climate risk solutions with the launch of a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/1974"}],"collection":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/comments?post=1974"}],"version-history":[{"count":3,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/1974\/revisions"}],"predecessor-version":[{"id":1978,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/1974\/revisions\/1978"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/media\/1976"}],"wp:attachment":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/media?parent=1974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/categories?post=1974"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/tags?post=1974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}