London PV market facing potential EUR200mn Syvash wind farm loss in Ukraine
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London PV market facing potential EUR200mn Syvash wind farm loss in Ukraine

Luke Harrison
15 March 2022
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syvash wind farm2 emergy.jpg
Photo: Emergy

The London political violence (PV) market is braced for a potential EUR200mn ($220mn) loss stemming from the Syvash wind farm in Ukraine, after an attack from Russian rocket shells caused the wind farm to subsequently be shut down.

Sources told Insurance Insider that EUR200mn is the total limit of the PV policy, but there is still uncertainty around damage and the overall loss quantum.

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