Inflation: are your insured values keeping up with prices? 🔥

A building value copied from last year looks safe. It isn't. When construction prices rise 5% and the value stays put, the building is about 5% underinsured, and the average clause cuts every claim in proportion. Insurance → Analytics now has an Inflation tab that shows where that is happening, site by site and country by country.

Prices where your sites are

We collect consumer prices for close to 200 countries and construction prices for more than 40, from public statistics: national statistics offices, Eurostat, the OECD, the IMF and the World Bank. Every site is held to its own country's prices, over the months leading up to the renewal.

• A heat map of inflation in every country you insure in. More intense red, more inflation.
• A country bar that stays with you down the page: total insured value, sites, and consumer and construction prices for the country you pick, with a chart of how inflation has developed and the source behind every figure.

One value at a time

Pick buildings, machinery, stock or business interruption. Buildings and lease improvements are compared with construction prices, every other value with consumer prices. You see the change against inflation for the whole portfolio, per country and per site, in money as well as percentage points, and the sites furthest behind come first.

Changes leave exchange rates out. A site that reports in euros outside the eurozone is compared with local prices converted to euros, so a Turkish warehouse is not held to lira inflation. Stock and business interruption move with the business as much as with prices, so treat their gap as a question to ask the site, not a verdict.

Ask your AI assistant

The same comparison is open to the AI assistant you connect to 21RISK, such as Claude or Microsoft Copilot. Ask it "Which countries are furthest behind on building values?" or "List our German sites whose buildings fell below construction prices, with their review progress", and it answers from the figures behind this tab, within the access you grant it. Setting it up takes a couple of minutes: see Connect AI assistants to 21RISK.

Key benefits

• Spot values left behind: carried-over values stand out before the renewal, not after a claim.
• Defend your numbers: show your broker that values move with prices in each country, with the public source for every index.
• Follow up where it matters: the sites furthest below inflation come first, next to their review progress.

The price indices come from public statistics and are an indication, not a valuation. Read more in Insurance values.