Filed Under:Risk Management, Captives

Alternative Risk Transfer May Not be Answer to Workers' Comp Rate Increases: Marsh

The workers’ compensation market is proving to be an increasing challenge for insureds and while alternative risk transfer mechanisms may help, close analysis needs to be made before venturing into a program, say executives from insurance broker Marsh.

In its second of a three part series on workers’ comp programs, Tracey Ant, primary placement leader in Marsh’s U.S. casualty practice, says that line of business “leads all commercial lines with the highest combined ratio” and results continue to deteriorate for insurers.

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