Shutterstock_1963080862 / Zurich
5 December 2023Insurance

A spectre is haunting Europe — the spectre of social inflation: Zurich

Social inflation may be coming to Europe in force on the back of regulatory changes with the capacity to create a “cultural shift” towards class actions that might already be drawing the attention of litigation financiers, top officials at Zurich Insurance Group have warned.  

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
15 December 2021   Deadline mix of legal delays and interim rise in inflation might not square with reserves.
Insurance
7 September 2020   Social inflation is a big issue for insurers, especially in the US where plaintiffs’ lawyers are demanding ever-larger pay-outs, backed by juries who are increasingly inclined to back David against Goliath. But the right approach will reduce this trend, as Rick Lindsey, CEO of Prime Insurance Company, tells Intelligent Insurer.
Insurance
22 September 2017   The way in which insurance companies operate is the polar opposite of Generation Y (millennials), a generation synonymous with technology and social media.