Inflation Risks for Liability Insurers

The increase in inflation has captured many headlines and market expectations suggest inflation rates are likely to remain higher over the near term.

This iTOOsday, we explored how inflation affects claims-related losses and insurance costs, especially for businesses. We were joined by Swiss Re’s Senior Treaty Underwriter, Zaid Bhana, and discussed the rising litigation costs and their impact on claim pay-outs, loss ratios, and ultimately, how much policyholders pay for coverage.