Munich Re and Germany’s KfW Development Bank launch a state-backed geothermal risk insurance

Munich Re and Germany’s KfW Development Bank launch a state-backed geothermal risk insurance

by | Dec 18, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Geothermal power is an abundant energy source that can provide clean electricity and heat crucial for meeting net zero goals, and is expected to make up a sizable share of Germany’s future heating needs. But the big upfront costs needed for drilling can often exceed...