21 August 2017

Search archive

CBI returns to sting European fac market

6 April 2017

In a development likely to reignite the debate over the need for a standalone reinsurance product, significant contingent business interruption (CBI) claims have hit the fac market following a fire at an auto parts factory in the Czech Republic, Inside FAC can reveal.

The facility is owned by Belgian automotive component parts manufacturer Recticel.

CBI insurance continues to be sold as an extension to property programmes. It reimburses lost profits and extra expenses resulting from an interruption of business at...


If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership



Share: This article was published as part of issue April 2017/1

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2017. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π