Global Loss Trends: Analysing The Causes of Power Generation Claims
Losses in the power generation sector are undoubtedly getting larger, reflecting fluctuating raw material prices and the increasing complexity and price of equipment.
By providing a breakdown of major losses and their causes and sub-causes, Marsh’s latest power claims report, Global Loss Trends: Analysing The Causes of Power Generation Claims, provides greater clarity for risk managers as to what actually went wrong in many of these instances.
This report features claims data from operational power accounts handled by Bowring Marsh, Marsh’s dedicated international placement division, and AIG, the largest power generation (re)insurer in the London market. It provides information on the primary and secondary causes behind of some of largest and most complex post-millennium losses sustained by the industry.