Insurers seeking opportunities in the renewable energy sector must resist a price war and carefully consider the risks

Without the availability of a comprehensive claims track record and a volume of technology specific data, there is very little basis for insurers to adequately model the exposure presented by a renewable energy site or a portfolio

Technological advances and the commercial catalyst instilled by the US Farm Bill earlier this year have encouraged the creation of new biomass and geothermal energy projects. It is, however, important insurers gain an understanding of the commercial realities and other risks associated with these projects