OREANDA-NEWS. June 16, 2011. Construction of golf courses is important for sustainable tourism development in the Republic of Honduras.

The contract of reinsurance covers construction and assembly risks for the golf courses of the Honduras Institute of Tourism, cover including risks of earthquakes, volcanic eruptions, hydro meteorological hazards such as hurricanes, cyclones, floods, hail, storm, third party liability, damage caused by the actions of contractors and others.

The total sum insured is USD7.4 million.