Weather events top maintenance, other issues in cost of power generation losses

09/13/2013 | ClaimsJournal.com

Losses related to maintenance, location and technology make up 76% of all losses reported in the global power generation sector but account for only 57% of the costs suffered, according to a report by Marsh Risk Management Research. Weather-related outages, however, while accounting for 12% of losses, make up 22% of costs.

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