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.
A planned near-50% cut in Ageas' UK in-house roles raises fresh questions for insurers and brokers over capacity
The company has reported a 98.0% combined ratio, record free reserves and its best investment return in more than a decade
New claims charter spells out service commitments on response times, ownership and communication
Softer conditions may be easing placement, but long-tail injury exposure continues to shape underwriting outcomes
Moody's reaffirms a stable outlook on European insurers amid easing reinsurance costs and political risks
