Specialist underwriting for renewable energy risks
Renewable energy insurance solutions
Insurance built for the energy transition
The renewable energy sector is expanding rapidly across Europe and beyond. As projects grow in scale and ambition, from onshore wind developments to large solar installations and battery storage facilities, the insurance requirements have grown in complexity to match. Brokers working in this space need an underwriting partner with genuine sector knowledge and the capacity to support risks across their full lifecycle.
Munich Re Specialty provides specialist capacity for renewable energy risks at every stage, from construction and commissioning through to operational asset protection. We work with brokers to deliver well-structured solutions across property damage, machinery breakdown, delay in start-up, and business interruption, supported by technical underwriting expertise and responsive claims handling.
Local expertise, global strength
Our teams operate from within the markets they serve, combining local expertise with the depth of a global organisation. When a loss occurs, our teams work closely with brokers and claims professionals to support an effective and technically informed response, helping clients recover as quickly as possible.
Our underwriting approach
Specialist appetite across onshore renewable energy risks
Structured participations and carefully considered capacity
Disciplined underwriting aligned with long-term performance and the energy transition
Close collaboration with brokers throughout the risk lifecycle
Regional specialists
Why choose Munich Re Specialty?
Expertise
Deep specialist knowledge across complex and technical lines, with underwriters who engage directly with the detail of each risk. We focus on risks where underwriting judgement and technical depth truly add value.
Stability
Consistent capacity and long-term market commitment, underpinned by the financial strength of Munich Re Group. Our approach prioritises sustainability and continuity across underwriting cycles.
Partnership
Accessible, straightforward to work with, and focused on building lasting relationships with the brokers and clients we serve. We work as a long-term underwriting partner, not just a capacity provider.
Related products
Frequently asked questions
What does renewable energy insurance cover?
Renewable energy insurance can cover physical damage to energy assets, including turbines, solar panels, and associated infrastructure, as well as machinery breakdown, business interruption and delay in start-up arising from an insured physical loss, resulting in a financial loss for project owners or lenders.
What is delay in start-up cover in the context of renewable energy?
Delay in start-up (DSU) insurance protects project owners and lenders against revenue losses arising from a delay to a project's commercial operation date, where that delay is caused by an insured physical loss or damage event during construction or commissioning. It is a common requirement for project-financed renewable energy developments.
Does Munich Re Specialty cover both construction and operational phases?
Yes. Our underwriters consider risks at both the construction and operational stages of a renewable energy project. The structure and scope of cover will differ between phases, and our teams are experienced in supporting both placements.
What types of renewable energy technology does Munich Re Specialty consider?
Our underwriters consider a range of renewable energy technologies, including onshore wind, photovoltaic power (PV) plants, battery energy storage systems, hydro power plants, biogas, green hydrogen, grid development / connectivity, among other emerging clean energy assets. Each technology carries its own risk characteristics, which our underwriters assess on a case-by-case basis.
How do brokers approach Munich Re Specialty for renewable energy risks?
Munich Re Specialty works exclusively through brokers and intermediaries. Given the technical complexity of many renewable energy placements, early broker engagement with our underwriting teams is strongly encouraged.
This page is for general informational purposes only and does not constitute an offer or solicitation of insurance. Product availability varies by market and is subject to underwriting acceptance.