Loss Estimation
Accurate loss estimation is a basic requirement of underwriters. All Charles Taylor technical (CTt) survey reports include a loss estimate. In addition CTt have undertaken a number of standalone loss estimation studies. Loss estimate calculations are explained in a step by step format allowing the calculation method to be clearly followed. The majority of calculations are for property damage purposes but a significant proportion also include machinery breakdown, business interruption and occasionally, liability.
CTt undertakes loss estimation calculations in the following industries:
- Oil, Gas & Petrochemicals
- Offshore installations
- Pipelines
- Power plants
- Utilities
- Construction
- Commercial and industrial buildings
- Heavy industry
- Steel industry
