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The stuff of nightmares

By: Series: Estates Gazette ; (0145) 10 November 2001, 134-135(2)Publication details: 2001Subject(s): Summary: Examines what insurance issues arise for multi-let buildings in the aftermath of a terrorist attack. Looks at the possible structure of the insurance obligations, whether the risk would be covered and if the level of cover is likely to be sufficient. Finally considers the position of the occupational tenant and argues that the starting point in the debate of how uninsurable risks such as terrorism or flooding should be allocated between landlord and tenant. The authors assert that the risk to the capital element should be the responsibility of the landlord.
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Journal article London Journal article ABS64807 (Browse shelf(Opens below)) 1 Available 115808-1001

Examines what insurance issues arise for multi-let buildings in the aftermath of a terrorist attack. Looks at the possible structure of the insurance obligations, whether the risk would be covered and if the level of cover is likely to be sufficient. Finally considers the position of the occupational tenant and argues that the starting point in the debate of how uninsurable risks such as terrorism or flooding should be allocated between landlord and tenant. The authors assert that the risk to the capital element should be the responsibility of the landlord.