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Quantifying Social Inflation: How Swiss Re Developed an Index

Dec 11 2024 // Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers and their customers with the calculation of a new measure—a social inflation index....

Unite and Conquer: How the Insurance Industry Can Deflate Social Inflation

Nov 27 2024 // At one of the early meetings of American Legal Connections, Rich Henderson, a senior vice president for reinsurer TransRe, bumped into a concerned client from a hospital insurance company who brought his team members to...

Economic, Social Inflation Influence Drop in Commercial Auto UW Profits: Triple-I/CAS

Nov 18 2024 // Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years. The trend has been accompanied by steady growth in net...

Economic, Social Inflation Influence Drop in Commercial Auto UW Profits: Triple-I/CAS

Oct 28 2024 // Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years. The trend has been accompanied by steady growth in net...

Navigating Social Inflation in a World of Complex Claims

Oct 21 2024 // As social inflation continues to exert pressure on the insurance industry, this is not only a financial issue, but one with far-reaching impacts on insurers, beneficiaries and society at large.Rising litigation costs,...

US Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report

Oct 7 2024 // Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than $100 million during 2023, according to Swiss Re executives.Social inflation in the U.S. rose to 7% in...

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