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Companies across the globe continue to face high risk in the wake of the COVID-19 pandemic — and the impact is amplified by ongoing uncertainty.
Insurance market conditions remain challenging with claims increasing in severity and frequency.
This special Marsh report, Financial Lines: Time to build resilience, provides great and valuable insight into financial lines claims types and trends that have seen an increase in 27 countries across Europe. Here are a few highlights:
The report provides insightful details on the latest trends and can be used as a tool to make more informed decisions. Being informed and proactive are two important steps towards building a more resilient organisation.
Breach |
168 |
Regulatory/financial difficulties |
124 |
Negligence |
92 |
Criminal and regulatory proceedings |
81 |
Civil dispute/allegations |
71 |