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Specialist renewable insurer GCube has signed a contract with Fred. Olsen Renewables for the operational insurance of the 138MW Crystal Rig II wind farm near Dunbar, Scotland.

According to the insurer - which joined forces with Bermudian re/insurer Lancashire Holdings last year - competition from UK and Scandinavian-based insurance competitors was strong.

Europe is currently seeing a high level of investment into renewable energy projects, including onshore and offshore wind farms. It is currently the world leader in offshore wind...

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