Developed by the Lloyd's Asia platform, the consortium pools underwriting expertise and capacity among the participating syndicates for renewable energy risks and is positioned to capitalize on the growth opportunities seen in this sector, such as onshore construction, as well as the operational risks of solar and wind energy projects.
The new consortium has been developed by Chaucer, Markel, and Munich Re Syndicate Ltd (MRSL) and has a maximum working capacity of USD100 m per project.
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