— 10 March, 2021
GCUBE REPORT: ‘UNMODELLED’ EXTREME WEATHER DRIVING RISING SEVERITY AND FREQUENCY OF RENEWABLES INSURANCE CLAIMS
‘- Renewables risk profile continuing to change, with the average 2019 weather-related solar loss almost 2400% higher than the average non-weather-related solar loss – Value of claims caused by emerging, unmodelled Extreme Weather twice as high as traditional Nat Cat since 2015 – Lack of historic da...
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