Property Damage and Business Interruption Insurance 2026

contract award notice

Closed

We are pleased to invite you to participate in the public tender in respect of the Property Damage and Business Interruption Insurance for Turun Seudun Energiantuotanto Oy, hereinafter called TSE. The insurance to be purchased covers the following TSE owned facilities: - Naantali 1, Naantali 2 and Naantali 3 decomissioned power plants (buildings to be insured on new replacement value basis, machinery to be insured on debris removal value basis) - Naantali CHP 4 power plant (All Risks Property Damage and Business Interruption Insurance) - Oriketo heating plant (All Risks Property Damage and Business Interruption Insurance) - Kakola pump station (All Risks Property Damage and Business Interruption Insurance). The content of the procurement is presented in more detail in "Appendix 1 - UW Submission TSE 2026 PDBI Insurance_v2_20250616" and "Appendix 2 - DRAFT PD AND BI Insurance 2026_TSE_v1_20250508”. The All Risks Property Damage and Business Interruption Insurance is purchased as valid in the form of “1+1+1+1” years. The first Policy Period is from 1.1.2026 to 31.12.2026 and to be renewed annually January 1st. This submission includes a great deal of underwriting information and analysis. We believe the information to be reasonable portrayal of the risks included in this insurance placement. However, participating insurers/reinsurers agree that the submission should be viewed as general information only and nothing in the submission is a condition or warranty or statement of material fact. The risk survey report of TSE, loss statistics and the schedule of sums insured for the insured locations will be shared with the qualified applicants only. The procurement is conducted on negotiation basis and the valid regulations for public procurement of utilities sector legislation are followed.

Financial and insurance services

TED Europa

Tender

Power Generation (CCGT)