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Munich Re insures wind-power guarantees

From Insurance Daily
Tuesday, 8th February 2011 10:26 am

Munich Re has begun insuring guarantees given to customers by Fuhrländer, a German builder of wind-power plants. Claiming an industry first, the reinsurer says it now has a range of innovative covers used to underwrite risks in the renewable energies sector. Fuhrländer gives buyers of its up to 2.5-Megawatt wind turbines a technical guarantee of five [...]

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