Social inflation drives US liability claims to reach annual peak of 7% in 2023: Swiss Re
Reinsurance News - Sep 07, 2024
Social inflation has become the main growth driver of US liability claims, with a rising number of large court verdicts pushing claims in the US to increase by 57% in the past decade, ultimately causing them to peak at 7% in 2023, the first time seen in two decades, according to Swiss Re Institute....
Recommended Articles
Posted: Oct 03, 2025
Aon, the global re/insurance broking group, has announced that it has appointed Nick Nudo as U.S. ca...
Posted: Oct 03, 2025
Blackstone, the alternative asset manager, has announced the appointment of Kimberly Kim as Senior M...
Posted: Oct 03, 2025
American Integrity Insurance Group, Inc., a property insurance provider in the Southeast, has announ...