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Renewables insurer unfazed by Texas freeze but extreme weather risks set to rise


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12 Mar, 2021
Author
Camilla Naschert
An RWE onshore wind farm. While wind was not the main culprit in the Texas power grid outages last month, one insurer forecasts rising climate-related physical risks for renewables in North America.
Source: RWE AG
While utilities brace for a hit in the tens or even hundreds of millions of dollars from February s brutal cold spell and subsequent disruption in Texas, one renewable energy insurer with nearly 10 GW of wind assets under coverage in the state is not expecting a surge in claims.
GCube Underwriting Ltd. has received three claims in relation to the Arctic blast so far, although more are expected, CEO Fraser McLachlan said March 4. Because there is such a massive amount of assets in Texas, it takes an awfully long time to go around to inspect all the turbines, McLachlan said in an interview. This is often done using drones or hav ....

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Honiton remembers artist Ozias Humphry - Margaret Lewis


Margaret Lewis
Ozias Humphry was born at Honiton in 1742
- Credit: Allhallows Museum
Ozias Humphry, was born at Honiton in 1742, the eldest son of George (a peruke (wig) maker) and Elizabeth Humphry. 
Under the headmastership of the Reverend Richard Lewis, Ozias was educated at Allhallows School and at the age of 15 he went to London to study art at the St Martin s Lane Academy but returned to Honiton when his father died in 1759. 
The wording in George Humphry’s will was really unusual for the time – it states ‘From the great confidence I repose in Elizabeth Humphry my wife I commit the sole care of my two sons Ozias and William to her peculiar care and management to bring them up and educate them in such a manner and to such trades, businesses or professions as their natural genius and propensity shall lead or direct them I give unto each of my said sons £20 each to be paid to either of them at twenty one’.  ....

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