3 ms·
Lloyd’s of London is a large insurer and is very interested in the potential liability that they are exposed to from the various insurance policies that they’ve
by exogenousdata 2y ago
Lloyd’s of London is a large insurer and is very interested in the potential liability that they are exposed to from the various insurance policies that they’ve underwritten.
In 2013, they published a report[0] considering the effects of solar storm risk to the North American electric grid.
tldr; it’s all about the transformers
[0] - https://assets.lloyds.com/assets/pdf-solar-storm-risk-to-the-north-american-electric-grid/1/pdf-Solar-Storm-Risk-to-the-North-American-Electric-Grid.pdf https://assets.lloyds.com/assets/pdf-solar-storm-risk-to-the...