Construction
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Risk managers advised on dangers of mothballed facilities
Most corporate insurance managers will be focusing on how, if possible, to call on their liability coverage to help their…
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Business urged not to take adversarial approach to supply chain Covid-19 problems
Aon’s Peter Kapler has urged the construction industry and wider business community not to take a short-sighted, adversarial approach to…
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Insureds say hardening market is making construction claims more complex
Insureds are blaming the hardening insurance market for making claims more complex in the construction sector, according to a snapshot…
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Leading buyer seeks consistency in volatile construction market
A lack of consistency and price volatility in the construction insurance market is a problem currently for buyers, said a…
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Risk managers with operations in the Middle East must brace for rising premiums as tensions boil over, says DWF
The Middle East crisis will see premiums rise exponentially in marine and other lines for companies operating in the region,…
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Liberty Specialty Markets promises to be stable option for European buyers as market changes
Liberty Specialty Markets (LSM) will continue its push into Europe and be a stable partner for risk managers through changing…
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Insurance market hardening into 1 January renewals
Insurance buyers in Europe face a hardening market in early 2020 renewals for many risks, but they are not looking…
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PI rates sent sky-high in wake of Grenfell fire: Reuters
Professional indemnity (PI) buyers in the construction sector are facing huge hikes in premiums following London’s Grenfell Tower fire in…
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French commercial insurance market has turned, finds annual AMRAE survey
France’s risk management association AMRAE says the commercial insurance market has turned and advised French companies to budget for between…
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London market forms construction committee post-Grenfell
The International Underwriting Association (IUA) has set up a new committee for underwriters of professional indemnity cover to the construction…
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Risk management vital to securing coverage in hardening construction market
Good risk management is becoming increasingly important for construction firms looking to buy insurance as the market hardens, according to…
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Castel Specialty enters construction and engineering market
Castel Specialty, a division of club-style MGA platform Castel Underwriting, has entered the construction and engineering market to take advantage…
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HDI Global names Stamm CUO for Switzerland amid wider reforms of business unit
HDI Global has appointed Thomas Stamm to the newly created position of chief underwriter for property and casualty in its…
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Two new senior leaders in AIG’s global specialty business
American International Group (AIG) has appointed two senior leaders in its global specialty business. Steve Eccles will join AIG as…
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Significant price rises still to come in construction market
Risk managers in the construction industry should prepare themselves for price increases across all major lines at upcoming renewals or…
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Price Forbes takes minority stake in Hong Kong broker
Global broker Price Forbes has announced that it has acquired a minority stake in Hong Kong-based Sino Insurance and Reinsurance…
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Hong Kong promotes risk management expertise for Belt and Road Initiative
The Insurance Authority (IA) of Hong Kong hosted a breakout forum at the recent two-day Belt and Road Summit that focused…
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Urbanisation and infrastructure to support further APAC growth for Hannover Re
Hannover Re has said it will continue to pursue its “successful path” of growth in the Asia-Pacific region with “added…
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RSA merges global and UK commercial units, with Buckle to stand down
RSA has merged its commercial risk solutions (CRS) and global risk solutions (GRS) businesses in a move that will see…
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Darag to buy Zurich’s German architects and engineers PI portfolio
Legacy acquirer Darag is set to buy Zurich’s €180m-plus German architects and engineers professional indemnity portfolio. The deal remains subject…