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Aviva offers cover for offshore wind projects

Posted On: Jan. 17, 2023 9:31 AM CST

Energy

U.K.-based insurer Aviva PLC has started offering coverage for offshore wind projects as it shifts its underwriting focus to meet climate goals, Verdict reported citing The Financial Times. Currently, the firm is offering construction and operational risk coverage for offshore wind on a "follow" basis where it provides insurance capacity behind a lead insurer