More, cheaper insurance coverage for miners in 2025: report

more,-cheaper-insurance-coverage-for-miners-in-2025:-report
MANAGEMENT

Commodity-specific coverage a rising trend in mining insurance, notes WTW’s Willis

Traditional risk assessments fail to “capture the risk from interconnected and cascading hazards, which have the potential to amplify risks for a company’s value chain.”

Traditional risk assessments fail to “capture the risk from interconnected and cascading hazards, which have the potential to amplify risks for a company’s value chain.” | Credits: SeventyFour / Shutterstock

Miners are benefitting from a global insurance market that is “softening, fast,” according to a new report from Willis, WTW’s insurance broker and risk services business. Insurance rates for mining…

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