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Munich Re and Marsh team up for geothermal energy risk

A lit-up globe

Project developer Exorka, insurance broker Marsh and Munich Re have jointly developed an insurance concept covering the exploration risk of a geothermal energy project in Taufkirchen, near Munich.

Drilling operations have now begun.

Munich Re is once again assuming the significant risk of failure that thermal heat drilling entails.

The policy was negotiated in collaboration with Marsh.

Deep

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