Construction
News, insights and thought leadership for re/insurance professionals with an interest in construction.
Cover, rates not offsetting construction inflation: Moody’s - Business Insurance

Cover, rates not offsetting construction inflation: Moody’s - Business Insurance

Insurers are not increasing coverage levels and rates sufficiently to offset rising construction costs amid higher inflation, Moody’s Investors Service Inc. said in a report Wednesday.
Insurers are not increasing coverage levels and rates sufficiently to offset rising construction costs amid higher inflation, Moody’s Investors Service Inc. said in a report Wednesday.
businessinsurance.com / Article / 2 months ago
Inside in full: Construction outlook mixed on surging inflation and $1tn infrastructure deal

Inside in full: Construction outlook mixed on surging inflation and $1tn infrastructure deal

As fears over plummeting exposure units and soaring losses mounted during the pandemic, many executives pointed to the construction insurance market as being surprisingly resilient...
As fears over plummeting exposure units and soaring losses mounted during the pandemic, many executives pointed to the construction insurance market as being surprisingly resilient...
Article / 7 months ago
Insider in Full: Construction reaches profitability after longest soft market 'in living memory'

Insider in Full: Construction reaches profitability after longest soft market 'in living memory'

Construction underwriters and brokers believe the construction class has cautiously reached a point of profitability after an extensive period of loss-making performance, sources have told Insurance Insider...
Construction underwriters and brokers believe the construction class has cautiously reached a point of profitability after an extensive period of loss-making performance, sources have told Insurance Insider...
Article / 8 months ago

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New building safety laws come into force - TCI
New building safety laws come into force - TCI
The Building Safety Act 2022 comes into force today, introducing a raft of new red tape and regulation fo...
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The London Market: Making Sure the Infrastructure Boom Doesn't Just Fizzle
The London Market: Making Sure the Infrastructure Boom Doesn't Just Fizzle
The decline in infrastructure has long been an issue in the US. In March 2021, the American Society of Ci...
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Inflationary Trends Property Report - June 2022
Inflationary Trends Property Report - June 2022
COVID-19 caused high levels of inflation in 2021 and into 2022...
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TMK announces sale of Tokio Marine Highland’s US construction business to Intact Insurance Group
TMK announces sale of Tokio Marine Highland’s US construction business to I...
The transaction is subject to customary regulatory approvals and is expected to close in the second half ...
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72% of Gulf Coast Homes Have Roofs Susceptible to Hurricane Damage: Report
72% of Gulf Coast Homes Have Roofs Susceptible to Hurricane Damage: Report
Arturo released its inaugural report “Hurricane Exposure: The State of Gulf Homes” that analyzes more tha...
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Grenfell five years on: what have we learned? - TCI
Grenfell five years on: what have we learned? - TCI
A survey of 258 professional civil engineers has found that most of them reckon the construction industry...
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As fifth anniversary of Grenfell tragedy approaches, almost 10,000 high-rises still have dangerous cladding - CityAM
As fifth anniversary of Grenfell tragedy approaches, almost 10,000 high-ris...
Almost 10,000 tower block still have ‘unsafe’ cladding as the country prepares to mark five years since t...
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No easing in professional indemnity insurance problems - TCI
No easing in professional indemnity insurance problems - TCI
A new survey by the Construction Leadership Council has found that it is not getting any easier to buy pr...
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Climate change demands that insurance changes
Climate change demands that insurance changes
To mark the 2022 Climate Change summit and the publication of an updated ABI Climate Change Roadmap, Dire...
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Construction Announcement
Construction Announcement
WTW is pleased to announce the hiring of more than 20 experienced construction colleagues in 2022...
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