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Alternative energies

Implications for insurance

Engineering / Online seminar

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    April 20 - April 20 2023
    Online seminar, 9.00 a.m. (CEST)

    Save the Date

    Duration: 90 minutes 

    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

    Underwriters dealing with alternative energy risks

    Language

    English – professional business English skills required

    Registration process

    Our seminars are provided to our most valued clients only. If you are interested in participating, please get in touch with your client manager or responsible underwriter at Munich Re.

    Date

    20 April 2023

    Deadline for registration

    19 April 2023