Munich Re Warranty Partner

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Munich Re Warranty Partner

On a quarterly basis Munich Re issues a Warranty Partner List with photovoltaic module manufacturers that meet the following criteria:

  • The Warranty Partner has passed the Munich Re annual due diligence process.
  • The Warranty Partner has bought insurance capacity for at least 100 MWp per year which is reinsured by Munich Re.
  • The Warranty Partner is entitled to register Buyers of PV projects larger than
    2 MWp for Munich Re's warranty insolvency protection: In the event of the manufacturer’s insolvency, the policy is seamlessly transferred to the registered Buyer, ensuring that the warranty claims remain covered.

PV module manufacturers meeting Munich Re's Warranty Partner criteria (in alphabetical order as of 07/2019):

  • Adani Solar
  • Almaden
  • Boviet Solar
  • CSUN Solar
  • IREX Energy
  • Jetion Solar
  • Longi Solar
  • Risen Energy
  • Suntech Power
  • Trunsun Solar
  • VSUN
  • Yingli Solar
  • Znshine Solar

Munich Re recommends that Buyers request a Beneficiary Declaration Letter issued by Munich Re to confirm and verify that their PV modules have been registered (such a request can be made to the Warranty Partner).

Not all Buyers of PV modules from the Warranty Partners listed above are eligible or have been reported to Munich Re as registered Buyers. Unless and until a Buyer has been declared to Munich Re and registered, no reinsurance coverage from Munich Re is afforded. Terms and conditions apply to the Policy which may potentially limit (or exclude) coverage. The specific rights and obligations of all parties as well as claims process are contained in the full Photovoltaic Sales Policy and the Photovoltaic Buyer Policy. For details please contact the module manufacturer to receive an Insurance Letter.

Further information for PV developers and investors

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This publication is available exclusively to Munich Re clients. Please contact your Client Manager.