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- Claim notifications increased five-fold in the period 2017-2020 a consistent year-over-year increase in claim notifications from 2017 to 2020.
- A decrease in notifications followed in 2021, likely as a result of the impact of COVID-19. We expect claim notifications to spike, starting from late 2022.
- The percentage of policies that receive a claim has held steady at a global average of 14% to 16%.
- Over US$500 million has been paid to Marsh clients by insurers since 2017.
- Financial statements and tax breaches remain the dominant causes of loss under R&W policies.