Loss costs concerns persist in Q2 as recession fears loom
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Loss costs concerns persist in Q2 as recession fears loom

Personal auto recession_v3.png

Insurers are closely monitoring the uncertain loss cost environment that cropped up at the beginning of this year as supply disruptions persist, contributing to historically high inflation and exacerbating severity pressures, according to commentary during Q2 earnings calls.

As economic inflation threatens upward pressure on claims costs, social inflation is pushing loss costs even higher, with little sign there are any forces emerging that will disrupt escalating nuclear verdicts.


Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article