Article ID: 413227e4564d6f6405524370b47d888ceec7eaf31a0ae6e0638fbe08049c89e1
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Terrorism insurance take-up rates fall in five years: Marsh - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Terrorism insurance take-up rates fall in five years: Marsh by Matthew Lerner Agents and Brokers , Cyber Risks , Terrorism Marsh & McLennan Mar 18, 2026 Terrorism insurance take-up rates have declined over the past five years despite a perceived expansion on the threat environment, according to a report Wednesday from Marsh. “The rapidly evolving terrorism threat landscape — with decentralized actors, the rise of NBCR risks, cyberterrorism, active assailant incidents, and geographic dispersion — has significantly increased systemic exposure and market volatility,” the Marsh report said. Yet, despite this increased exposure and volatility, the average percentage of companies buying property terrorism insurance declined to 38% in 2025 from 56% in 2021, according to Marsh data. The rate of decline has been relatively steady, with 52% taking the insurance in 2022, followed by 48% in 2023 and 42% in 2024. Take-up rates varied widely among industry sectors, with power and utilities companies leading all sectors with a 63% take-up rate, followed by life sciences at 55%, health care organizations at 53%, and communications, media and technology companies at 52%. Food and beverage companies, at 16%, energy and mining at 17%, and chemicals companies at 26%, anchored the lower end of the list. Demand varied by company size and industry. Mid-sized companies with total insured values between $100 million and $500 million had the highest take-up rate at 41%, while smaller firms were least likely to purchase coverage at 33%. Costs of coverage also differed widely across industry classes. The construction sector paid the highest rate, $68 per $1 million of coverage, followed by transportation and the services sector both at $61. Those sectors paying the lowest are communications, media, and technology at $13 per $1 million of coverage, followed by health care at $15 and life sciences at $18. 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