Hanover Rück underwrites counterinsurance from energy savings

 

The Hannover Rück has developed together with KlimaProtect an insurance for energy savings for companies. Through this insurance suppliers who offer solutions for energy efficiency can assure their potential of saving.

In case the offered solution does not reach the agreed saving, the concerned company receives an adjustment payment. This product idea is based on a US guarantee insurance, where Hannover Rück participated in the development.

The idea was adapted together with Klimaprotect to further needs of other markets.