Like every other industry, the chemical sector has been deeply affected by the current economic downturn. Ongoing restructuring efforts, including plant closings, headcount reductions, and strict expense-control initiatives, are having a significant impact on companies' operations, from manufacturing to health and safety to supply chain. Those strategies are bringing new sets of challenges to chemical industry, which is critical to so many nations' economies.

Marsh's Chemical Practice has produced a 2009 benchmark study that compares the risk management and insurance programs of more than 220 buyers of insurance products in the chemical industry in the United States. This report combines our most current benchmarking data into one single and uniform document focused on that industry.

Benchmarking is an extremely valuable tool that helps Marsh validate insurance program design, renewal strategies, and pricing targets to achieve positive results for clients. Marsh's 2009 Chemical Industry Risk Benchmark Report is intended to be a supplemental resource to help our clients make more informed decisions about their insurance programs. The report also outlines some of the recent trends in the global insurance market for the chemical industry and provides information on all major lines of coverage.

Request a copy of the report.

Request a copy of our Chemical Risk Benchmark Report

Chemical Practice

Contacts