swiss-re_shutterstock_1850891911-1_resized

29 September 2023Insurance

US liability claims headed off tracks as price drivers collide: Swiss Re

US liability insurance claims severity won’t get much reprieve from the fade in headline inflation as ascendant wage inflation, pending medical inflation and ever-rising social inflation has created “unsustainable” trends for claims, analysts at Swiss Re have claimed.

Already registered?

Login to your account

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

Swiss Re sees big claims potential in PFAS ‘forever chemicals’, no blanket solutions

18 October 2023 Comparisons to asbestos may be overdone: the links are too meshed; no ‘signature’ disease.

Swiss Re may add 40% to already heavy reserve padding to US casualty

13 October 2023 Reserve padding may still stretch back as far as 2017-2018 accident years.

US P&C can’t catch runaway claims; Swiss Re cuts industry profit outlook

25 September 2023 Nat cats added 11.8 points to the Q2 combined ratio, well over 10-year average of 6.3 pts.

More articles

Delegated authorities ride E&S growth, despite ‘double-edged’ risks

Rokstone launches $10m facility to cover global perils with NormanMax

CFC continues transaction liability expansion with new European office

WTW teams up with Kayna and Vibrant to enhance cybersecurity insurance

Britannia P&I to seek minimum 7.5% rate gain from members in 2025/6

Root Platform launches programme to upskill insurance industry coders

Property looks perma-hard, but never care-free, says Zurich’s Greco

Allstate faces $4.8bn YTD cat losses

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze