In June, Swiss reinsurance broker Reunion held its fourth annual round table discussion—this year in St Petersburg, Russia. The 2014 discussion focused on the coverage of engineering and construction risks in Russia. What follows is a snapshot of the discussion which focused on risk assessment in the engineering and construction markets.
The issue of how insurers and reinsurers evaluate and understand construction risks prompted a lively debate in the first round table session organised by Swiss reinsurance broker Reunion in St Petersburg, Russia.
“The quality of the construction, including the incoming materials and equipment, can also be a problem.” Rinat Romazanov
Reunion, Europe, Rinat Romazanov, Igor Prandetsky