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.
China Accuses US of Orchestrating $13 Billion Bitcoin Hack
70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report
Viewpoint: Beware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims
Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US 

