Brokers and underwriters should closely scrutinise the definition of gross profit used in the proposals they structure for DSU or ALOP cover for construction projects to avoid over-indemnifying on losses due to a delay

Wildfires, such as the recent one in Fort McMurray, Canada, present considerable challenges to businesses and insurers

Immediately visible property damage is by no means the only source of economic loss for those directly affected by catastrophes as well as their customers and suppliers