The Chartis insurers have doubled their capacity for construction projects from the Global Energy Property unit. With this increase in capacity, insureds will now be able to access up to $250 million of PML (probable maximum loss) capacity for construction projects, complementing Global Energy Property’s $250 million capacity for operational energy and manufacturing risks.
Topics Construction
Was this article valuable?
Here are more articles you may enjoy.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Experian Launches Insurance Marketplace App on ChatGPT 
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
