Munich Re has begun insuring guarantees given to customers by Fuhrl\u00e4nder, a German builder of wind-power plants.
\nClaiming an industry first, the reinsurer says it now has a range of innovative covers used to underwrite risks in the renewable energies sector.<\/p>\n
Fuhrl\u00e4nder gives buyers of its up to 2.5-Megawatt wind turbines a technical guarantee of five years, in conjunction with corresponding service contracts, and Munich Re\u2019s cover should allows the company to focus its resources on growing market share, while at the same time giving its customers greater security.<\/p>\n
Thomas Blunck, a member of Munich Re\u2019s Board of Management comments: \u201cWe are very pleased that, in Fuhrl\u00e4nder, we have been able to win the first customer for innovative covers of this type in the windenergy sector.\u201d<\/p>\n
He adds: \u201cIn recent years, the company has built up considerable expertise in the renewable energies sector \u2026 the new covers fit perfectly into the course chosen by the company, which has declared climate change to be a strategic issue.\u201d<\/p>\n
In October, Munich Re began providing cover for solar panel systems manufactured by SolFocus, in the US.<\/p>\n","protected":false},"excerpt":{"rendered":"
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