Real estate development, construction, mining and energy development share a set of risks ranging from construction accidents, earth movement and collapse to environmental clean-up. While these risks may be anticipated in some measure, the fast-changing regulatory landscape exacerbates them.
Sometimes, these risks may seem to outweigh the potential rewards of doing business at all. But taking a systematic approach to risk transfer and becoming familiar with the full array of risk transfer mechanisms can render them manageable.
This article also appeared in Advisen (April 17, 2014).