Project insurance set to quadruple
Project insurance set to quadruple
- 2001
- New Civil Engineer 4 October 2001, 7(1) .
Industry experts warn contractors that the terrorist attack on the World Trade Center will quadruple insurance premiums. Contractors are advised to overestimate premiums for new projects and be aware of repercussions for high rise buildings and airport building projects.
INSURANCE PREMIUMS
AIRPORT BUILDINGS
HIGH RISE BUILDINGS
CONSTRUCTION PROJECTS
WORLD TRADE CENTER
TERRORISM
CONSTRUCTION INDUSTRY
CONTRACTORS
Industry experts warn contractors that the terrorist attack on the World Trade Center will quadruple insurance premiums. Contractors are advised to overestimate premiums for new projects and be aware of repercussions for high rise buildings and airport building projects.
INSURANCE PREMIUMS
AIRPORT BUILDINGS
HIGH RISE BUILDINGS
CONSTRUCTION PROJECTS
WORLD TRADE CENTER
TERRORISM
CONSTRUCTION INDUSTRY
CONTRACTORS