Underwriting performance has deteriorated recently, with premium rates declining and claims rising in some construction sectors. Urbanisation, the replacement of ageing infrastructure and development of renewable energy sources should all promote construction spending and engineering insurance demand

Those on the list range from Switzerland’s Zurich Insurance Group AG and the U.K.’s RSA Insurance Group Plc to Hartford Financial Services Group Inc. in the U.S. or, going further afield, assets in China,

The economic impact of violence to the global economy was USD 14.76 trillion in 2017, in PPP terms. This is equivalent to 12.4 per cent of GDP, or USD 1,988 per person. The global economic impact of violence is defined as the expenditure and economic effect related to “containing, preventing and dealing with the consequences of violence”.

Across all types of commercial P&C insurance, the manufacturing segment generated the highest premiums worldwide in 2017, worth approximately $111 billion. Following manufacturing came agriculture, fishing and forestry at $72 billion, boosted by the huge value of this segment in China and the U.S.