The insurance sum – the amount which the insurer is obliged to pay out in the event of a successful claim – is a fundamental element of any insurance agreement. What does it depend on and how is it calculated? Russian legislation does define a base amount; however, the final decision rests with the policyholder […]

The real estate market handles large volumes of investment and accordingly, there are sizeable consequences for potential losses. An optimal and civilized way of minimizing risk at all stages of a building’s serviceable life is through insurance.

As part of this column, we have already discussed the nuances of insurance, such as which forms are in demand on the commercial real estate market, how insurance premiums are calculated, how the amount of an insurance claim is determined, etc. In this issue’s article, CRE has decided to find out what end users think […]