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As has been widely reported, on 4th August, a fire and subsequent explosion occurred at the port of Beirut, Lebanon. The presence of 2,750 tonnes of ammonium nitrate, reportedly stored in a warehouse within the port, significantly exacerbated the force of the blast. Other aspects of the initial ignition and contributory factors remain under investigation. The ensuing damage is widespread and devastating, with some estimates reaching US$15 billion.
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As you all know, on the night of Tuesday, 4th August, an explosion occurred in the Lebanese capital, Beirut, after a fire at the port.
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ADVANTA GLOBAL SERVICES is delighted to announce the appointment of John Donald as Global Energy Director.
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Facing the challenges that the COVID-19 outbreak has imposed in terms of social gathering restrictions, our local Director Tomás Fourcade (Latin America South Cone) last week hosted an Instagram Live session to discuss how COVID 19 situation affects Property Insurance.
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