The construction insurance market is in a state of transition from a market that has seen generally stable or declining pricing for over a decade to one in which prices are generally rising. This is being driven by:
Talking about market trends across all of continental Europe is very challenging. Europe has a very diverse insurance market and the approach to risk varies substantially across countries. But there is common characteristics:
Below Philippe Onteniente (Head of Construction, Continental Europe) and Alistair Urquhart (Global Head of Construction Placement) provide an overview of the insurance market conditions which are being faced by the construction industry, within the region and globally, how they expect them to change and what clients can do to minimize the effect of the changing market.
Please download the documents to access more in depth analysis for each of the key construction insurance lines.