Underwriters resist deeper mining reductions: Marsh

The pace of rate reductions in the mining market is starting to
slow as underwriters display signs of resistance to further cuts,
according to Marsh.
In the broker's Mining Market Update report for October, it
said underwriters had started to "push back" against
reduced prices after four years of soft market conditions, with
property risks particularly subject to cuts.
Falling rates, combined with declining insured sums and lower
business interruption values due to commodity price drops, has led