Property market braces for $250mn+ claim after Tornado rips through Pfizer plant

Tornado damage on a Pfizer factory in North Carolina Wednesday is set to trigger physical damage, stock throughput and business interruption (BI) claims on the pharmaceutical giant’s $2.5bn cover for the location, with carriers on the Aon-placed policy including AIG, Starr Insurance and Axa XL, The Insurer can reveal.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com