Business Interruption Drives 80% of Mining Losses as Industry Faces Volatile, Under-Recovered Claims

Operational incidents — not natural catastrophes — account for roughly three-quarters of total mining losses, with recovery ratios averaging just 50%, according to Marsh. The post Business Interruption Drives 80% of Mining Losses as Industry Faces Volatile, Under-Recovered Claims appeared first on Risk & Insurance.

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.