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.
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise
IMA Latest to Sue Howden Over Alleged Employee Poaching
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 

