CFC enters carbon insurance market
CFC has today announced its entry in the carbon insurance market with the launch of a new product.
The specialist insurer claims its Carbon Delivery Insurance launch is the first to cover both the physical and political risks faced by businesses purchasing voluntary carbon credits on a forward basis.
It added Carbon Delivery Insurance covers 100% of the purchaser’s investment for non-delivery of carbon credits and that it had built a new underwriting model that rates the carbon project itself rather than the policyholder.
By facilitating risk transfer, we believe that insurers can drive
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