hail damage – Thinking Port

Effects of Evolving NatCat Risks on Reliability and Insurability of Renewable Assets

May 1, 2023 admin aon, Business, hail damage, insurance, Lightning, natcat, natural catastrophe, news, power, Renewables, risk, severe weather, Solar, solar pv, Wind, wind turbine

Credit to Author: Contributed Content| Date: Mon, 01 May 2023 04:09:58 +0000

News on extreme weather events in the U.S. report an increase in both frequency and size over the last couple of years, including thunderstorms, tornadoes, convective storms, flash floods, hurricanes, […]

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Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables

October 18, 2022 admin Business, climate change, Extreme weather, gcube, hail damage, insurance, Markets, news, Renewables, risks, Solar, solar pv, supply chain, Wind

Credit to Author: Sonal Patel| Date: Tue, 18 Oct 2022 14:34:57 +0000

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

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