CBI and subsea cable damage dominate offshore uw concerns for 2025: Nardac’s Bates

By Rebecca Delaney

Published: Fri 3 Jan 2025

The UK government’s consultation on the offshore transmission owner (OFTO) regime is a timely development as underwriters begin to express concern over the inherent contingent business interruption (CBI) risk it poses, according to Nardac’s Rob Bates.