CONSTRUCTION | BUILDER'S RISK
Class of risk
AXIS has a broad builder's risk appetite for noncombustible or better construction, spanning various project types. We can tailor coverage for an array of project types, from high rise buildings to large manufacturing or infrastructure projects as well as those in between. We currently have no appetite for offshore, mining, or oil refining and very little appetite for wood frame (designated for Master Builder's Risk programs). All other classes are generally in appetite with capacity varying by project type.
Target classes1
- Building construction
- Civil - bridge
- Civil - pipelines
- Civil - road, rail
- Oil and gas - renewable
- Power generation3
- Renewable, battery storage4
Acceptable classes2
5
- Civil - dams
- Civil - tunnels
- Civil - wet works
- Industrial
- Manufacturing
- Oil and gas - conventional
1Target classes – well within appetite and desired risk 2Acceptable classes – acceptable risk but may require additional underwriting evaluation or involve limited capacity 3Nuclear-related power generation is “Acceptable” vs “Target” 4Some projects considered with AXIS Renewable Energy team For our financial strength, individual insurance company ratings, and regulatory disclosures by jurisdiction, visit: https://www.axiscapital.com/product-information.
