文档介绍：RISK AND INSURANCE IN CONSTRUCTION SECOND
EDITION
Those involved in construction have to cope with so much learning in their own discipline
that they shun further involvement in subjects such as insurance and law which in
themselves are so deeply and plex. However, insurance and law are interwoven
in the basic procedures used in the construction industry to undertake work, be it design or
construction or supervision or operation or bination of the foregoing. Furthermore,
they both interact with the theory of Risk and the application of Risk Management. From the
legal point, this interaction stems from the essence of the construction contract and its
purpose, which is to allocate the risks, to which the project is exposed, between the parties.
From an insurance aspect, risk forms the basis of insurability and premium calculation.
Insurance costs have escalated to e a major cost factor in any branch of the
construction industry. Such escalation makes it essential for decision-makers within the
industry to have a thorough understanding of the risks, liabilities and indemnities which play
an important role in forming the appropriate relationship between those involved.
This thoroughly revised edition of Nael Bunni’s essful Insurance in Construction with
its new title ‘Risk and Insurance in Construction’ provides information on risk, construction
law and construction insurance for those involved with all aspects of construction. The
chapters on risk have been expanded to include recent developments in that area and
provides further examples of events which could occur on what can be termed as the most
risky human work activity: construction. New chapters are also added to deal with the
insurance clauses of the many new standard forms of contract published in the recent years,
including FIDIC’s new suite of contracts published in September 1999, ICE’s seventh edition
of the civil engineering standard form of contract; and ICE’s