Rate rises in construction stabilise, as inflation fuels claims costs
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Rate rises in construction stabilise, as inflation fuels claims costs

Luke Harrison
02 September 2022
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Construction of the Queensferry Crossing over the Firth of Forth

Rate growth across the construction market has begun to stabilise after a lengthy period of consecutive rises, sources have told Insurance Insider, while anecdotal evidence has shown that claims costs are up 20% on 2021 as inflation takes effect.

One...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News ESG Construction/engineering
Luke_Harrison.png
Luke Harrison
Reporter
Gift this article