2018 US Claims Update

Assessing the Major Risks to the US Wind Market builds on the analysis contained within the 2017 report Risky Business and offers an updated analysis of the major risks affecting the US wind market. The report ranks risks posed by mechanical and electrical breakdown, resource risk, cyber risk, and more – and offers advice on how to mitigate the effect of each risk to wind projects, both on- and offshore.

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  1. Offshore Cable Claims Severity Increases by 25% in 2015

    June 15th, 2016

    London, June 15th 2016 – Incidents relating to the installation and operation of high voltage subsea cables are the most costly cause of financial losses in the global offshore wind industry and led to insurance claims totalling more than €60...

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  2. Risky Business

    June 1st, 2017

    Risky Business: Assessing Future Threats in Onshore Wind Development, Financing and Operations looks back over five years of claims data (from 2011-2016) to provide an overview of the major threats facing the onshore wind industry. It then analyses these threats, offers...

    See report

  3. US Market Must ‘Reset Benchmark’ For Risk

    April 2nd, 2019

    Newport Beach, California, April 2, 2019 – Component vulnerability, defective designs and changing OEM warranties, coupled with extreme weather damage, have significantly increased the frequency and severity of insurance claims in the US renewable energy market over the last five...

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