BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Losses force insurers to reconsider construction risks

Aerial view of the Camp Fire in California in November 2018

Germany-based Allianz Global Corporate and Specialty S.E. said that insurers worldwide are considering exiting or reducing exposure to engineering risks due to large losses related to fires, mechanical failures and catastrophes, Engineering News reported. Seelan Naidoo, head of property and engineering for Africa at Allianz, said that insurers are likely to introduce risk management and risk-adequate pricing for underperforming segments this year.

Read more.