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 Marsh's Casualty Practice is pleased to present the fifth edition of our Casualty Cost of Risk report. This benchmarking report focuses on the three most commonly purchased lines of primary casualty insurance: workers compensation, general liability, and auto liability.
Among the principal findings of the report is that the cost of risk in 2006 dropped to $2.30 per $1,000 of revenue, from $2.68 in 2005. Our analysis includes a subset of firms for which we have consecutive years of data. The cost of risk results for this subset group show a similar trend, to $2.26 in 2006 from $2.65 in 2005. Both changes reflect the continued softening of the primary casualty insurance market experienced throughout 2006.
The report includes an analysis of costs for each coverage line and a discussion on controlling the cost of workers compensation claims.
Request a copy of the report.
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