ICT Webinar - Litigation Costs Drive Claims Inflation: Indexing Liability Loss Trends
ICT Webinar - Litigation Costs Drive Claims Inflation: Indexing Liability Loss Trends
Thursday, 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.
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Member registration: Free
Non-member registration: $30
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