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Report

Mining market update 2023

Marsh's latest Mining Market Update features market commentary from key mining hubs, and in-depth analysis of current global insurance market conditions for mining risks.

At the beginning of 2023, the global insurance industry was just emerging from one of the costliest years on record, driven by natural catastrophe losses. For specialty insurers in the mining sector, annual risk losses were further exacerbated by large-scale fires, machinery breakdown, and conveyor and structural collapse, and more — all leading to costly business interruptions.

Marsh's latest Mining Market Update features market commentary from key mining hubs, such as Africa, Australia, Canada, China, Latin America, South Africa, and the US, and in-depth analysis of current global insurance market conditions for mining risks.

By downloading the report, you will gain knowledge and understanding of key mining risks and opportunities based on our experience supporting organisations like yours. Together with colleagues across Marsh McLennan, we can help you evolve your risk profile and build strategies across emerging risk areas, including geopolitics, the sustainability transition, and digitalisation.

To continue the discussion, please reach out to your local Marsh team with any questions. 

Report

Mining market update 2023