Engineering insurance is a specialty line of business that provides protection against losses from unforeseen circumstances during the construction and operation of plant, buildings, and infrastructure. With annual premiums of around USD 21 billion, it represents only a small part (around 3%) of the overall commercial insurance market. However, without such cover many construction projects and the operation of vital machinery would prove prohibitively risky to undertake.
A trusted source of market information for managers and specialists in the re/insurance industry. The sigma series provides comprehensive analysis of trends in the global insurance markets, and also of strategic issues facing re/insurance and the financial services sectors.