Climate change fuels demand for UK offshore wind cat model
The effects of climate change have created demand for more granular catastrophe models for offshore wind projects in the UK, according to head of renewables, power and energy at McGill & Partners Tom Sexton.
Sexton explained Renew Risk, a risk analytics firm backed by Lloyd’s that McGill & Partners is working with, has seen a significant amount of demand from insurers and reinsurers for a natural
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