De-Risking a Risky Business

Risk is at the heart of every wind development, particularly offshore. No-one can be certain how hard the wind will blow, how the turbines will cope over the years or how difficult installation or maintenance will be. And with political instability and financial constraints in many countries, developers can no longer be sure they will actually receive the economic support promised by government. But what if those risks could be removed at the stroke of a pen? What if a developer could guarantee the level of income from a wind farm and remove both the political risk and the hidden costs of unforeseen Innovative insurance companies are offering new products that could revolutionise the wind industry. Developers and contractors should pay closer attention, writes Leigh Collins in London

Read more: http://media.swissre.com/documents/RECHARGE_Wind_Insurance_08_2015.pdf