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Report

Global construction market update

Exploring the trends shaping construction insurance risks

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.

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.

Use this report to:

  • Understand the impacts of increased capacity: Discover how global construction markets have generally stabilized in terms of pricing and capacity, and explore the potential implications for terms and renewals.
  • Refine your risk management strategy: Analyze insurance market trends across appetite, capacity, coverages, limits, pricing, rating, and underwriting to enhance your risk management approach.
  • Explore regional breakdowns: Gain insights into regions projected to experience construction output growth in the coming years, the key drivers behind this growth – such as investments in renewable energy and infrastructure projects, and the variations within the construction insurance market.

Dive deeper into the global insurance market

Read the latest Global Insurance Market Index, Marsh’s proprietary measure of global commercial insurance rate change at renewal, updated quarterly.