Case History

Type of loss/context: CAR/EAR & DSU Loss
Location: Sardinia, Italy
Date of Loss: 06.05.2000
Insured Business: Power generation – IGCC plant

Involved Items: Building and Machinery

Settled amounts
Property damage EUR 8,470,000.00
DSU EUR 16,000,000.00

Type of loss/context: CAR Loss
Location: Liguria, Italy
Date of Loss: 20.08.2017
Insured Business: New motorway construction

Involved Items: Tunnel by TBM

Type of loss/context: CAR Loss
Location: Sicily, Italy
Date of Loss: 18.01.2017
Insured Business: New road construction

Involved Items: Tunnel by TBM

Settled amounts
Works (tunnel) EUR 4,287,000.00

Type of loss/context: CAR Loss – Flood
Location: Sicily, Italy
Date of Loss: 22.01.2017
Insured Business: New road construction

Involved Items: Embankments, slopes, access roads, etc.

Settled amounts
Works (tunnel) EUR 4,409,000.00

Type of loss/context: Professional Liability – structural collapse

Location: Marche, Italy
Date of Loss: 18.01.2017
Insured Business: Engineering and design

Involved Items: Road Bridge

Settled amounts
Third Parties Liability EUR 2,500,000.00

Type of loss/context: CAR Loss

Location: Tuscany, Italy
Date of Loss: 21.11.2013
Insured Business: New motorway construction

Involved Items: Tunnel by TBM

Estimated loss amount
Works (tunnel) EUR 90,000,000.00

Type of loss/context: CAR Loss

Location: Liguria, Italy
Date of Loss: 15.04.2014
Insured Business: New motorway construction

Involved Items: Tunnel by TBM

Settled amounts
Works (tunnel) EUR 2,165,000.00

Type of loss/context: Fire

Location: Tuscany, Italy
Date of Loss: 05.02.2012
Insured Business: Brico Shopping Center

Involved Items: Building, Machinery, Goods

Settled amounts
Machinery, Goods EUR 1,207,000.00
Building EUR 1,595,000.00
Lost rental EUR 320,000.00

Type of loss/context: Fire

Location: Lombardy, Italy
Date of Loss: 10.06.2011
Insured Business: Personal care products

Involved Items: Building, Machinery, Goods

Settled amounts
Machinery, Goods EUR 1,000,000.00
Building EUR 2,800,000.00
Lost rental EUR 430,000.00

Type of loss/context: Flood

Location: Liguria, Italy
Date of Loss: 09.10.2014
Insured Business: Plastic valve and fittings manufacturing

Involved Items: Building, Machinery, Goods, Business Interruption

Settled amounts
Machinery, Goods EUR 8,000,000.00
Building EUR 1,800,000.00
Lost rental EUR 1,350,000.00

Type of loss/context: Earthquake

Location: Emilia, Italy
Date of Loss: 20.05.2012
Insured Business: Bank

Involved Items: Building

Settled amounts
Building EUR 1,300,000.00

Type of loss/context: Earthquake

Location: L’Aquila – Umbria, Italy
Date of Loss: 06.04.2009
Insured Business: Pharmaceutical manufacturing plant

Involved Items: Buildings, Machineries, Goods, Business Interruption

Settled amounts
Property Damage EUR 2,235,373.97
Business Interruption EUR 7,191,628.56

Type of loss/context: EAR

Location: Lombardy, Italy
Date of Loss: 28.06.2013
Insured Business: Power generation – CCGT plant (780 MW)

Involved Items: Machinery (turbogas 294 MW)

Settled amounts
Property Damage EUR 2,362,903.00

Type of loss/context: Operation

Location: Lombardy, Italy
Date of Loss: 17.10.2011
Insured Business: Power generation – TLR plant

Involved Items: Machinery (turbogas 12 MW)

Settled amounts
Property Damage EUR 2,362,903.00
Business Interruption EUR 912,574.00

Type of loss/context: Operation

Location: Campania, Italy
Date of Loss: 14.08.2015
Insured Business: Power generation – CCGT plant (800 MW)

Involved Items:Machinery (Steam Turbine 120MW)

Settled amounts
Property Damage EUR 3,000,000.00
Business Interruption EUR 2,000,000.00

Type of loss/context: Operation

Location: Lombardy, Italy
Date of Loss: 06.05.2013
Insured Business: Power generation – CCGT plant (300 MW)

Involved Items:Machinery (Generator 300MVA)

Settled amounts
Property Damage EUR 4,500,000.00

Type of loss/context: EAR/Service Activity

Location: Morocco
Date of Loss: 07.05.2014
Insured Business: Power generation – CCGT plant (300 MW)

Involved Items:Machinery (transformer 180MVA/ODAF)

Settled amounts
Property Damage EUR 1,415,000.00

Type of loss/context: Operation (overspeed)

Location: Sicily, Italy
Date of Loss: 09.02.2015
Insured Business: Wind park (71 MW)

Involved Items: Machinery (WTG 1.5MW)

Settled amounts
Property Damage EUR 2,500,000.00
Business Interruption EUR 500,000.00

Type of loss/context: Operation

Location: Sicily, Italy
Date of Loss: 29.03.2015
Insured Business: Wind park (35 MW)

Involved Items: Machinery (WTG 0.85MW)

Settled amounts
Property Damage EUR 1,400,000.00
Business Interruption EUR 300,000.00

Type of loss/context: Operation (Fire)

Location: Calabria, Italy
Date of Loss: 19.03.2014
Insured Business: Wind park (60 MW)

Involved Items: Machinery (WTG 2MW)

Settled amounts
Property Damage EUR 2,000,000.00
Business Interruption EUR 500,000.00

Type of loss/context: Operation (Fire)

Location: Puglia, Italy
Date of Loss: 16.03.2015
Insured Business: Wind park (80 MW)

Involved Items: Machinery (WTG 2MW)

Settled amounts
Property Damage EUR 2,000,000.00
Business Interruption EUR 500,000.00

Type of loss/context: Operation (landslide)

Location: Sicily, Italy
Date of Loss: 16.06.2014
Insured Business: Wind park (23 MW)

Involved Items: Road/Power line

Settled amounts
Property Damage EUR 1,800,000.00
Business Interruption EUR 230,000.00

Type of loss/context: EAR/CAR (Flood)

Location: Piemonte, Italy
Date of Loss: 04.11.2014
Insured Business: Hydroelectric Plant (4 MW)

Involved Items: Various

Settled amounts
Property Damage EUR 2,400,000.00

Type of loss/context: Operation (Fire)

Location: Emilia-Romagna, Italy
Date of Loss: 20.06.2013
Insured Business: Photovoltaic park (2,86 MW)

Involved Items: Building, Roof, Module, Inverter

Settled amounts
Property Damage EUR 395,000.00
Business Interruption EUR 570,000.00
Liability EUR 5,000,000.00

Type of loss/context: Operation (Machinery Breakdown)

Location: Trentino Alto Adige, Italy
Date of Loss: 14.12.2013
Insured Business: Hydroelectric Plant (40 MW/155 GWh)

Involved Items: Turbine

Settled amounts
Property Damage EUR 210,000.00
Business Interruption EUR 670,000.00