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Construction

construction worker looking out high rise

Construction boom brings opportunity and emerging risks

The switch to more sustainable buildings and infrastructure and adoption of modern building methods will transform the risk landscape, finds AGCS

road, city

ESG shaping construction risk profiles

Global construction output is expected to grow by 42% by 2030, driven largely by government stimuli - report

Guido

Expert view: From the tangible to the intangible

Guido Benz, head of engineering and construction, at Swiss Re Corporate Solutions considers how technology is enabling more ambitious construction and engineering projects than ever before. Which in turn introduces new complexities and demand for new risk transfer solutions

iStock-621254418 - collapse

Could surety bonds have saved Carillion’s customers from millions in financial loss?

One key lesson from Carillion’s demise is that risk mitigation tools may not provide the level of protection that contractors may need but the answer may be found in surety bonds

iStock-921019710 - technology

The future of construction is data-rich and analytics-driven

The construction industry has transformed the way in which it plans executes and finances projects – placing technology at the heart

Crossrail-London-route

How Crossrail set the benchmark in construction risk management

Risk management has been central to the success of Europe’s largest infrastructure project, owing much to sustained engagement with lead insurers Swiss Re Corporate Solutions and Zurich and broker AJ Gallagher. Colin Hamling, commercial and insurance manager, (December 2009-2016) tells us more

SR_web_specialreports_Construction risks

Special report: Construction risks

On 14 June 2017, the 24-storey, Grenfell Tower, broke out in flames, causing millions of pounds of damage and widespread social unrest. Seven months later Carillion plunged into liquidation after suffering financial difficulty. These two case studies demonstrate just how complex construction risk has become.

iStock-825887946

In the wake of Grenfell, "we must all learn something"

Tougher codes and penalties are putting pressure on the building industry’s insurance cover, while raising questions over how far down the line liability should go

iStock-882444516

Carillion: “Recklessness, hubris and greed”

As a company, Carillion did practically everything wrong, yet its sudden demise has sent shockwaves through the business community. As regulators trawls through thousands of documents with a view to taking disciplinary action, the inevitable result is an intense scrutiny of directors and officers liability and transparency

See more

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