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Liability Risk and Insurance

Construction

IUA insurer survey shows cautious support for building recladding

The International Underwriting Association (IUA) has said insurers have revealed a cautious willingness to underwrite fire safety risks on new projects to remove defective cladding from high rise buildings. Around two thirds of respondents to a survey by the IUA stated they would provide a limited form of cover, whilst a further 4 per cent are happy to offer unrestricted protection.

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