Global construction market update

Exploring the trends shaping construction insurance risks in Asia

In 2024, the global construction insurance market experienced a notable shift as previously tight conditions started to ease for many businesses during the 2025 reinsurance treaty renewal season. Construction output growth is expected across Asia over the next three years and remains a cornerstone of economic development, driving infrastructure growth and shaping landscapes in the region.

Are you one step ahead of the trends shaping construction insurance risks?

The Marsh’s latest Construction Market Update provides a comprehensive overview of the current state of the insurance market across key coverages relevant to construction companies around the world, highlighting the potential impacts of increased insurer appetite and capacity through 2025.

Key Asia insights from the report include:

• Impact of increased capacity: Understand how construction markets are stabilising in pricing and capacity, and what this means for terms and renewals.
• Refined risk management: Analyse trends in appetite, capacity, coverages, limits, pricing, rating, and underwriting to improve your risk management strategy.
• Regional insights: Explore areas projected to experience growth in construction output, fueled by investments in renewable energy and infrastructure, as well as fluctuations in the construction insurance market.