Will Grasberg mark the turning point for a softening mining market?
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Claims and losses

Will Grasberg mark the turning point for a softening mining market?

Willis reports that the mining market has softened at a ‘considerable rate’ this year.

By Ayesha Venkataraman
November 24, 2025
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Photo: Alamy

The mining market is in a tough spot. It has suffered a series of heavy blows over the last four years, with 2022 and 2023 widely viewed as loss-making years as aggregate claims climbed to around $2.5bn.

This

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Analysis Claims and losses Rates Mining Re/insurers Brokers
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