8MW+ machines suffer component failures within first 2 years of operation, while 55% of all turbine claims now come from 8MW+ component failures during construction / Full cost of claims ‘long tail’ yet to emerge, but set to drive historic highs of claims frequency and severity, posing risks to inexperienced insurance market entrants / Specialist underwriter urges renewed focus on quality and reliability of a reduced number of turbine products to put industry back on a sustainable path
Keyword Search
