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Power and Utilities Market Update
The global insurance market continues to experience soft market conditions for the power generation sector. Current levels of marketplace competition and the abundance of available global capacity continues to be favourable for clients with carriers seeking to take increased shares to maintain income in the face of significant premium rate reductions.
The latest Power and Utilities Market Update from Marsh’s international placement division, Bowring Marsh, analyses current global insurance market conditions for power generation risks and provides insight into changes within the property market, available capacity, and the underwriting approach of the world’s leading carriers across six regions – Asia, Bermuda, Europe, Latin America, the Middle East and Africa, and the United Kingdom.