Skip to main content

Article

Hydropower projects: Insurance Market Update

Globally, more than 1730 hydropower projects are planned or under construction. How much are large project losses affecting insurance?

From a total global installed hydropower capacity of 1360 GW in 2021, some 1730 projects are planned or under construction, with capacity growing at 1.9% year on year.  However, multi-million dollar project losses raise questions about the availability of suitable insurance. 

In a constricting insurance market, what are the risks that need to be considered by construction companies? And what other measures should they take to obtain the cost-effective construction insurance needed to help optimise a project’s bankability? 

Find out in our updated paper, Hydropower projects: Insurance market update.

You'll discover:

  • Insurers’ concerns, taken from interviews with leading global underwriters.
  • How insurers are reconsidering the cover they provide.
  • How to engage the construction insurance market in order to gain optimum terms and pricing.

Read the paper to find out more key facts.

Whitepaper

Hydropower projects: Insurance market update