It’s inevitable: Buildings burn. And a whole litany of reasons can be assigned to the causes of fire. But, the reality is that most of these losses could have been prevented, or at least mitigated to some extent. FM Approvals discusses the importance of maintaining a proper automatic fire protection system and how such an effective approach can help sustain the continuity of business operations.
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Swiss Re has entered into an agreement with the Beijing Municipal Government to provide reinsurance coverage for catastrophe risks under Beijing’s government-funded agricultural insurance scheme. This agreement will provide tailor-made reinsurance protection for livestock, crops and fruits against perils such as epidemic, livestock diseases, flood, hail, wind and rainstorms, covering about 400,000 farming households.
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Barlow Lyde & Gilbert describes a recent case involving the Singapore built jack-up rig “CENDOR MOPU” where the court was asked to consider whether it was certain that the rig’s three legs were never likely to have made it round the Cape of Good Hope en route from Texas to Malaysia.
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