Hail responsible for 55% of solar PV weather claims in North America: AXIS Capital

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Reinsurance News - Jul 11, 2025

A new report from AXIS Capital Holdings Limited reveals that hail accounts for 55% of the total gross claims related to natural catastrophes and extreme weather for solar photovoltaics (PV) in the US and Canada. AXIS’s Global Energy team has published a report, “Solar vs. Hail Pivoting A...

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