International Marine Claims Conference - Dublin 26 th October 2005. Builders’ Risks – Proposed changes Chris Zavos. Introduction. Institute Clauses for Builders’ Risks (01/06/88) Cover purchased by yards or owners (usually in the case of upgrades and conversions)
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Builders’ Risks – Proposed changes
“Diamond Princess” – US$ 310 million
“Pride of America” – US$ 228 million
Hurricanes Katrina and Rita US$ 250m ?
Page 1 – is it ever completed?