high rise fire safety News

Insurers Weigh Premium Hikes for UK’s Tall Buildings After Grenfell Tower Fire

Insurers are considering raising premiums for tall buildings in Britain with flammable cladding panels and no sprinklers or even excluding related risks following the Grenfell fire in London earlier this year. Inquiries into the tragedy, which killed up to 80 …

Compensation for London’s Grenfell Fire Victims May Be Capped at $5M: Reuters

The bill for compensating families of those who died in the Grenfell Tower fire in London may be as low as 4 million pounds ($5 million), according to several lawyers and a Reuters analysis of how damages laws apply in …

AIG Discloses It Could Face Claims from London’s Grenfell Tower Fire

American International Group Inc., the provider of commercial insurance, told regulators it could face claims costs from the Grenfell Tower fire that killed dozens of people in June in London. “Our net exposure to loss on this event is currently …

Fire Sweeps Through Dubai’s Tallest Residential Tower – Its 2nd Incident in 2 Years

A fire ripped through one of the world’s tallest residential towers in Dubai on Friday, the latest in a series of fires in tall structures in the United Arab Emirates, the Gulf’s tourism and business hub, over the past three …

Australia’s New South Wales to Inspect High-Rise Cladding over Fire Safety

Australia’s New South Wales (NSW) government will inspect more than 1,000 residential and commercial towers that may have potentially unsafe cladding and introduce new fire safety reforms to avoid a deadly inferno such as the Grenfell Tower fire in London. …

U.S. Building Owners Reviewing Structural Materials After London Tower Blaze

U.S. building owners should review what materials their structures are built with following a deadly fire in London that showed how flames can quickly cover a high-rise, devouring it from the outside, fire experts said Friday. An Associated Press review …

Grenfell Tower Insurer, Protector Forsikring, Raises Claims Estimate to $65M

The insurer of London’s Grenfell Tower, where at least 80 people died in a devastating fire, raised its estimate for property and liability insurance claims to 50 million pounds ($65 million) on Friday [July 7]. British police have said the …

Grenfell Tower Fire Puts Cloud over Energy Efficiency Industry’s Building Materials

The fire that killed at least 79 people in a residential tower in London earlier this month has delivered a blow to an often overlooked section of the green industry that’s crucial to delivering energy efficiency. Local authorities across the …

ABI Warned About Risks of Modern Building Materials Before Grenfell Tower Fire

“External cladding, made from combustible material can often cause significant fire spread upwards and between buildings, which is a particular concern for areas of high building density.” This now sadly prophetic statement was the Association of British Insurers’ response in …

Arconic Stops Selling Cladding for High-Rises After Grenfell Tower Tragedy

Arconic Inc. said on Monday it will stop global sales of plastic-filled aluminum cladding panels for use in high-rise buildings after a fire in London’s Grenfell Tower, which used those Arconic panels, killed at least 79 people. Shares of the …