Hanersun, a Chinese solar company, has reinstated its partnership with Munich Re, a leading global reinsurer, and Willis, a major insurance broker. The collaboration extends Munich Re’s reinsurance services to cover Hanersun’s full range of solar products throughout 2024. Under the agreement, Munich Re will support Hanersun’s 15-year quality and 30-year power warranties for its solar modules, including both monofacial and bifacial types. The coverage mainly addresses losses due to technical risks, providing protection to Hanersun’s clients and investors. Munich Re expressed confidence in Hanersun’s quality commitment following a comprehensive review of its production processes, aiming to enhance customer trust in the longevity and reliability of photovoltaic products.
Hanersun renews reinsurance deal with Munich Re and Willis
Hanersun has reestablished its strategic partnership with Munich Re and Willis, expanding reinsurance services for its full range of solar products. (Image Credit: Hanersun)