A new parliamentary report has blamed overly aggressive strategies from a dominant insurer that led to hi...
Courage and collaboration needed to manage emerging construction sector risks
The construction sector’s long-term outlook is positive, but it faces a number of challenges, not least the number of emerging risks that can lead to issues with the insurance sector...
The construction sector’s long-term outlook is positive, but it faces a number of challenges, not least the number of emerging risks that can lead to issues with the insurance sector...
Article / 3 days ago
Fire safety manufacturer pays $750m to settle PFAS class action
Irish-headquartered US smart building firm Johnson Controls International’s subsidiary Tyco will pay $750m to settle a class action alleging its products contaminated drinking water...
Irish-headquartered US smart building firm Johnson Controls International’s subsidiary Tyco will pay $750m to settle a class action alleging its products contaminated drinking water...
Article / 11 days ago
Softer times ahead for London construction insurance market
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Article / 24 days ago
Risk managers turn to parametric solutions as protection gap widens
Parametric coverages are rapidly becoming an essential part of the risk management toolbox, as organisations the world over struggle to meet the threat of natural catastrophes and difficult-to-insure...
Parametric coverages are rapidly becoming an essential part of the risk management toolbox, as organisations the world over struggle to meet the threat of natural catastrophes and difficult-to-insure...
Article / 1 month ago
Valencia fire sparks cladding concern as Mapfre confirms it is on cover
The fire that killed at least ten people in Valencia last week has triggered a debate in Spain about the quality of construction during the property boom of the 2000s...
The fire that killed at least ten people in Valencia last week has triggered a debate in Spain about the quality of construction during the property boom of the 2000s...
Article / 2 months ago
Mass timber will ‘transform’ construction risk landscape, warns Allianz Commercial
The projected growth in mass timber construction as the building sector transitions from concrete and steel will bring new risk management challenges, warns Allianz Commercial. In an Emerging Risk…
The projected growth in mass timber construction as the building sector transitions from concrete and steel will bring new risk management challenges, warns Allianz Commercial. In an Emerging Risk…
Article / 2 months ago
Asian construction market back on track as insurer appetite returns
Ahead of Commercial Risk’s first Construction Risk Management Conference Asia, which takes place on 28 September in Singapore...
Ahead of Commercial Risk’s first Construction Risk Management Conference Asia, which takes place on 28 September in Singapore...
Article / 7 months ago
Construction risk managers want to see wider parametric options
Experts believe parametric insurance is a good fit for construction firms but stress the importance of thinking very carefully about triggers...
Experts believe parametric insurance is a good fit for construction firms but stress the importance of thinking very carefully about triggers...
Article / 7 months ago
Tale of two markets in US construction sector
The US construction insurance market is a tale of two markets, according to Gallagher...
The US construction insurance market is a tale of two markets, according to Gallagher...
Article / 8 months ago
BPL Global calls for war risk pool as open market solutions dry up
Specialist broker BPL Global has told Commercial Risk that it supports calls for governments to step in and create a state-funded insurance backstop for war risks to help reconstruction in Ukraine...
Specialist broker BPL Global has told Commercial Risk that it supports calls for governments to step in and create a state-funded insurance backstop for war risks to help reconstruction in Ukraine...
Article / 9 months ago