Daily Digest: Mining rates in freefall, Fortegra secures Lloyd’s box, Plugging the cyber gap

Catch up on the essential news and analysis from the Insurance Day experts

Mining insurance rates ‘in freefall’ as capacity surges Pricing in the main mining insurance markets is “in freefall” amid surging capacity, according to WTW’s annual review of the sector. The broker estimated there was $1.5bn in capacity available to cover any individual mining risk. This is at least 150% more than the 2024 figure, estimated at $550m to $600m. There has also been growth in reinsurance capital.