Two balance sheets, two distinct analyses
Mutual Energy's own financial sensitivity is never added to, or confused with, downstream economic and insured portfolio exposure.
All financial values are synthetic. No actual Mutual Energy revenue, debt, financing terms, liquidity or covenant information is used.
Asset availability and cash-flow sensitivity
30 days · Moyle unavailable · illustrative £180k daily revenue sensitivity and £4.5m repair assumption.
Aggregated fictional broker portfolio
These values do not represent Mutual Energy losses or liabilities.
Downstream monetary severity is deliberately calibrated to approximately £100m insured exposure for the 30-day compound demonstration. Assumed loss amounts and policy limits are scaled 80×; this is not a validated forecast or a change to physical outage assumptions.
Potential downstream economic consequence before insurance
Simplified portfolio estimate; policy wording not verified
Residual economic exposure after illustrative insured estimate
Range: £102.3m–£269.7m gross economic; £38.7m–£102.0m potential insured. Actual claims depend on individual circumstances and policy wording.
Loss mechanisms and unresolved policy questions
| Potential loss mechanism | Relevant insurance class | Key policy question | Potential gap | Information required |
|---|---|---|---|---|
| Physical cable or terminal damage | Property damage / marine and subsea | Is the cause insured and are subsea assets within the insured territory? | Cause, deductibles and subsea wording not verified. | Policy wording, asset schedule and engineering incident report. |
| Mechanical or electrical equipment failure | Machinery breakdown | Does the trigger extend to critical converter and control equipment? | Equipment scope and breakdown trigger unknown. | Equipment register, maintenance records and breakdown wording. |
| Loss of asset availability and capacity revenue | Business interruption / gross revenue | What revenue definition, trigger and indemnity period apply? | Non-damage and capacity-related loss may not be triggered. | Revenue assumptions, availability contracts and BI schedule. |
| Third-party claims following disruption | Third-party liability | Which legal liabilities and exclusions apply? | No liability is assumed or established in this demonstration. | Contracts, liability wording and incident circumstances. |
| Operational technology event compounding outage | Cyber and operational technology | Are OT assets, failure and ensuing physical damage addressed? | Cyber cause is not modelled; cover remains unverified. | OT architecture, cyber wording and incident evidence. |
| Repair inflation and specialist mobilisation | Repair cost escalation / specialist costs | Are expedition, contractor and escalation costs included or sublimited? | Availability and adequacy of limits unknown. | Contractor terms, recovery plan and relevant sublimits. |
No insurance cover is asserted. Physical damage, machinery breakdown, BI, marine, liability, cyber and recovery costs require policy and incident-specific review.
Top 10 insurers & reinsurers by scenario exposure
Downstream insured high case only · excludes Mutual Energy’s own financial exposure.
These real organisation names are used solely to illustrate accumulation. All shares, amounts and rankings below are invented demonstration assumptions—not evidence that these organisations insure Mutual Energy, the fictional companies, or have actual exposure to Moyle. No insurer placement or reinsurance treaty data has been supplied.
| Rank | Organisation | Assumed share | Total scenario exposure |
|---|---|---|---|
| 01 | AXAInsurer | 18% | £18,357,903 |
| 02 | AllianzInsurer | 15% | £15,298,253 |
| 03 | ZurichInsurer | 13% | £13,258,486 |
| 04 | Swiss ReReinsurer | 12% | £12,238,602 |
| 05 | Munich ReReinsurer | 10% | £10,198,835 |
| 06 | ChubbInsurer | 9% | £9,178,952 |
| 07 | AIGInsurer | 8% | £8,159,068 |
| 08 | QBEInsurer | 6% | £6,119,301 |
| 09 | AvivaInsurer | 5% | £5,099,418 |
| 10 | Hannover ReReinsurer | 4% | £4,079,534 |
| Total allocated exposure | 100% | £101,988,352 | |
Fixed assumed shares distribute the existing insured high-case sample total across ten illustrative risk holders. Insurer and reinsurer amounts are mutually exclusive allocations, not overlapping gross claims and ceded recoveries. This avoids double counting but does not model actual reinsurance structures, deductibles or net retained exposure. Values update with the selected scenario; the wider downstream portfolio remains unquantified.