North American renewables need larger deductibles to remain insurable: GCube
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North American renewables need larger deductibles to remain insurable: GCube

Anna Sagar
March 15, 2021
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North American solar and wind risks should have larger deductibles, sub-limits and different terms compared to the international market in order to remain an “insurable risk”, according to renewable energy MGA GCube.

According to a report written by the MGA, North America is “particularly exposed” to natural catastrophes and extreme weather, losses from which have been increasing in frequency and severity over the past decade.

There

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