Alternative energies
Implications for insurance
Engineering / Online seminar
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General description
In line with the goals of the Paris Agreement, the installation of renewable energy sources will increase further in the coming decades. Newly added production capacity will mainly come from on- and offshore wind power, but also from solar PV – all of which are significantly more vulnerable to extreme weather events than conventional power plants. Besides, the rapid technological development and launch of new models entail a number of risks which cannot be deduced from historical data.
This implies new challenges for the insurance industry and requires a thorough risk assessment during the underwriting approach. The webinar provides loss examples combined with recommendations for underwriters when assessing wind or solar PV assets.
Contents
- Status and fundamental changes in the power generation landscape
- Resulting new risks
- Implications for insurance
- Loss examples, risk assessment and underwriting for renewable energies
- Alternative risk-transfer solutions
Level
Target group
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Registration process
Date
20 April 2023
Deadline for registration
19 April 2023