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ICT Webinar - Litigation Costs Drive Claims Inflation: Indexing Liability Loss Trends

January 23, 2025 11:00 AM - 12:00 PM (CST)

Description

Join us for an insightful webinar with Martin Boerlin of SwissRe - Explore the complex forces driving claims inflation in the U.S. commercial casualty insurance sector. Over the past five years, losses surged by 11% annually, reaching $143 billion in 2023—33% more than global natural catastrophe insured losses. Martin Boerlin will delve into social inflation, the societal trends and legal dynamics fueling skyrocketing liability claim costs. Discover how factors like large verdicts, litigation funding, and emerging risks impact insurers and businesses. Gain insight into SwissRe's groundbreaking social inflation index, the implications of these trends internationally, and strategies for navigating this challenging landscape.

CE: This event has been approved for 1.0 continuing education hours by the Texas Department of Insurance. Course No.: 141926 Provider No.: 32832.

CLE: This event has been approved for 1.0 continuing legal education hours by the Texas State Bar. Course No.: 174266411 Sponsor No.: 10457

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Pricing

Please log in or create your account to take advantage of member-only pricing. 

Member registration: Free

Non-member registration: $30



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Contact Information

Insurance Council of Texas
Name: Linda Vallejo
Phone: (512) 444-9611
Email: lvallejo@insurancecouncil.org
Details: If you have general questions or questions regarding CE/CLE credits please reach out to Cynthia Haywood at chaywood@insurancecouncil.org.
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