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Green Energy – Red Results for Insurers? - R+V Versicherung

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For internal use only<br />

27. September 2012<br />

Offshore Wind <strong>–</strong> Construction / Erection<br />

Multi Contract Approach<br />

No EPC contracts <strong>for</strong> the whole wind farm<br />

◙ Wind turbine developers with onshore experience<br />

No experience with water linked erections sites<br />

No experience in offshore risks<br />

No marine technologies<br />

◙ Construction companies with offshore experience<br />

No experience in wind industry<br />

◙ Oil & Gas is a competitor<br />

No interest in “small” wind turbine business?<br />

Higher fees and salaries<br />

◙ No readiness to support offshore EPC contracts<br />

Interface risk to be transferred to C/EAR insurers?<br />

<strong>Green</strong> <strong>Energy</strong> - <strong>Red</strong> <strong>Results</strong> <strong>for</strong> Insurer?<br />

8<br />

For internal use only

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