Munich Re Specialty has announced the launch of a Lloyd’s market consortium for Miner Rescue Insurance. 

The consortium, led by Munich Re Specialty’s syndicate, is an insurance solution designed to fund the costs of locating and rescuing miners and contractors trapped in the event of a catastrophe.

Miner Rescue Insurance draws on Munich Re Specialty's depth of property and casualty underwriting expertise in this sector. The Munich Re Specialty – Global Markets, Syndicate led solution is delivered in partnership with Integra, whose 24/7 claims support and proprietary technology platforms provide real-time remote incident management capabilities from the point of first notification.

This coverage is designed to provide financial support for the costs of specialist equipment, transportation and engineering services required in rescue operations where individuals are trapped and unable to reach the surface, subject to policy terms, conditions and limits.

Mining operations carry an ever-present risk of emergency, from cave-ins and gas leaks to power outages, flooding and equipment failure, making them among the most hazardous working environments in the world. 

In 2025, incidents across South America, Africa, and Australia demonstrated that rescue operations can demand specialist resources, significant time, and coordination.

"A mine rescue incident presents a significant threat to life as well as complex operational and financial challenges in a time pressured environment,” Dan Rouse, Group Head of International Casualty, Munich Re Specialty said in a news release. 

“Specialist miner rescue insurance is designed to provide mining operators with access to the rapid-response infrastructure and equipment needed to manage critical rescue situations from the moment an incident occurs. While events of individuals being unable to reach the surface are rare, this product helps operators ensure the paramount focus is solely on trapped workers.”