Project insurance: managing the risks

Article Abstract:

The efficient use of insurance to manage the risks associated with construction projects can be difficult. Often the main contractor arranges for blanket insurance coverage. However, subcontractors may also need to consider obtaining insurance. The owner who is letting the construction contract may also decide to purchase insurance to have more control over the project.

Construction, Construction industry, Insurance, Building

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Risk, rewards, and performance

Article Abstract:

Risk management strategies in the future could require managers to change their organizations by clarifying corporate strategy and introducing a new philosophy. Shareholder value can increase, corporate governance can improve and risk awareness can permeate the corporate culture. Training, leadership and better communication can also contribute.

Australia

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Credit derivatives: new methods for risk management

Article Abstract:

Issues are discussed concerning the new field of credit derivatives and its potential benefits for risk management.

Management, Commercial credit

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