laims inflation refers to the trend of rising claim costs over time, driven by factors such as general economic inflation, wage and medical cost increases, supply‑chain disruption, repair‑cost escalation, and legal or social inflation. It can materially erode pricing adequacy and reserve sufficiency if not captured promptly in rating and actuarial assumptions. Insurers monitor claims inflation through triangulations, market intelligence, and vendor data, adjusting underwriting strategy, policy terms, and reinsurance to preserve margins and capital strength.
Two-thirds of brokers prioritise claims handling and risk management support over policy wording and digital trading tools
Health and life insurance drive global growth, while fragmentation reshapes risk and tilts the market toward Asia
Vet cost inflation sharpens competition as Doubtless launches in the UK
Principal Insurance eyes top-five status in motorhome and courier lines after acquisition spree
First quarterly premium rise since 2023 gives investors reason to reassess the sector's earnings trajectory
