Premium rates remain flat or down slightly for preferred classesof mono-line pollution business in the Environmental insurancemarket, according to Willis' 2016 Marketplace Realitiesreport.
|In addition, sustained construction activity and soft marketconditions have fueled demand for Contractors' Pollution Liabilityproducts and Builders' Risk coverages, especially in conjunctionwith wrap-up products, Willis says.
|With demand high and customers becoming more educated onEnvironmental cover, expertise becomes increasingly valuable in amarket that's keeping a watchful eye on claims.
|Below, a summary of findings from Willis' 2016 Marketplace Realities and AmWINS Fall 2015 State of the Market reports onthe Environmental insurance market.
|(Click image to enlarge.)
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Related: These infographics tell the story of 2015 ininsurance
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