Lagos Building Collapse Kills at Least 10; Scores Reported Missing November 2, 2021 By Nneka Chile and Seun Sanni LAGOS – Rescuers on Tuesday dug through rubble searching for survivors a day after a luxurious high-rise building collapsed while...
Repairing Mexico City’s Collapsed Metro Could Cost $40M: Grupo Carso October 27, 2021 MEXICO CITY – Mexican billionaire Carlos Slim’s Grupo Carso said the cost of repairing a collapsed section of a Mexico...
Global Construction Industry Faces Climate Change Challenges, Opportunities: Marsh October 1, 2021 By L.S. Howard Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face...
Construction Fintech Built Nabs $1.5B Valuation; Growth Plans Include Insurance September 30, 2021 By Gillian Tan Built Technologies, a construction industry-focused financial-technology startup, has more than tripled its valuation to $1.5 billion after raising $125 million...
People Moves: Mosaic Builds Out International Cyber Team; Howden Appoints 19 for Construction Division Across EMEA September 28, 2021 Mosaic Expands Cyber Team in UK Bermuda-based Mosaic Insurance has expanded its cyber-security business line internationally, with the addition of...
UK Insurers Cautiously Willing to Underwrite Fire Safety Risks for High-Rise Recladding Projects: Survey September 20, 2021 Insurers have revealed a cautious willingness to underwrite fire safety risks on new projects to remove defective cladding from high...
Construction Industry Hammers Away Amid Labor Woes, Rising Costs, Delays, Tough Insurance Market June 21, 2021 By Andrea Wells It is not the best of times for the construction industry and its insurers. But neither is it the worst...
Investigation into Collapse of Mexico City Metro Rail Line Blames Structural Fault June 17, 2021 MEXICO CITY – Preliminary findings of an independent investigation into the deadly collapse of a Mexico City metro rail line...
People Moves: Aon’s Wakefield to Gallagher Re as CEO, Succeeding Behagg; Arch’s Rippert as Head of Mortgage at Aspen; Desmond Promoted at Marsh UK & Ireland June 7, 2021 This wrap-up of international People Moves details appointments at broker Gallagher Re, Aspen Insurance Holdings’ mortgage team and Marsh’s UK...
Construction Firm Grupo Carso Faces Probe After Collapse of Mexico City Railway Line May 19, 2021 By Daina Beth Solomon and Cassandra Garrison MEXICO CITY – Mexican billionaire Carlos Slim’s construction arm Grupo Carso faces scrutiny from accident investigators for the possible role...