Renewable energy insurance market to see price increases in 2023, says WTW

Broker report sees trifurcated market for buyers

The insurance market for renewable energy in 2023 is likely to see single-digit increases in overall premium, driven by a combination of inflationary factors, occupancy losses and technical rate adjustments, and higher reinsurance spend, according to WTW.

A new report from WTW, The Renewable Ener...


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