Inflation

In the aftermath of 2008’s Great Financial Crisis, interest rates were cut to unprecedented low and negative levels. At the time, many questioned whether this would inevitably lead to high inflation in the short or medium term. However, to the surprise of many economists, the level and volatility of inflation rates seemed to defy gravity for over a decade. As a result, investors, analysts, and other market participants scaled back the magnitude and frequency of low probability risk events in their models. This was a mistake.

James McNitt, area president of healthcare for wholesale broker Risk Placement Services, discusses the impact of the rise in economic and social inflation on the medical professional liability insurance market.

Amid volatile financial markets and ongoing operational uncertainty, insurers are paying closer attention to their portfolio management strategies. Matt Reilly, head of the Insurance Solutions group, at Conning, explains why that means a renewed focus on liquidity

Mike Pesch discusses how inflation is impacting the property market, from the cost of construction materials to labor.

Re/insurers face a wide range of challenges today, from earning their cost of capital to facing geopolitical and economic turmoil. Check out the all-star highlights from our coverage at the Bermuda Risk Summit.

Charles Craigs discusses 2023 expectations after 1/1 renewals, focusing on the property, casualty and marine space, and the impact of inflation on underwriting.

The CUO of Antares Re discusses his three decades in the insurance and reinsurance industry, and talks about how inflation is impacting reinsurers today.

The Bermuda CEO of Ascot offers his thoughts on social and economic inflation and their impact on underwriting.

The Group CUO of Aspen discusses managing volatility and uncertainty in reinsurance and the pricing in of inflation.

John Scott, Head of Sustainability Risks at Zurich Insurance Group, is an experienced chief risk officer whose focus now is on bringing risk management thinking to ESG issues, especially climate change. Here he talks about the evolution of risk data and the role of regulation in shaping the industry’s approach.

Central banks have hiked their base rates in response to inflation. For insurers, both sides of their balance sheet have been left exposed to risks, impacting profitability as the cost of claims increase and the value of investments fall. While geopolitical tensions and inflationary pressures continue to pose a threat to the global economic landscape, how can insurers mitigate the risk of inflation-driven exposures?

Insurance companies are faced with new challenges as severe weather events continue to impact renewable energy projects and are working to improve their understanding and management of risk in the sector through technical engineering capabilities and increased collaboration with industry stakeholders.

Insurers should brace themselves for much more volatility in the investment markets for the foreseeable future and will likely need creative solutions to improve their returns.

Argentinian insurers have long struggled with inflation, leading to difficulties in maintaining policy limits and premium rates and challenges from government capital controls. How have they overcome these challenges?

Is 2023 set to be the most testing year for the industry in living memory?

In a rapidly changing financial market, insurers must be agile in their management of balance sheets and investment opportunities in order to rebuild book yields and boost returns while also mitigating the risk of volatility.

Join Insider Engage, in partnership with KBRA, at 10:30 ET/3:30 BT on FEB. 7, 2023 for a free webinar that looks at how the January 1 renewals have impacted the market

Meg Green talks to Richard Gunn about pricing, the impact of inflation, and the hardening market.

We present the key findings from Swiss Re's latest report on the economic and insurance-focused outlook for the Latin American region

Rather than focus purely on supply/demand dynamics, insurers need to account for both general and social inflation in building appropriate rates, terms and conditions, said Bruce Eisler, US CEO for Aspen Insurance.

Meg Green talks to Beat Kramer Mölbert, Head of Property Underwriting EMEA at Swiss Re, about the difficult economic conditions, tightening capacity and an uptick in natural catastrophes facing the property reinsurance market today.

As we see a surge in inflation globally, it is now critical that everyone is aware of the implications this will have along every step of the insurance and reinsurance value chain.

Live from Target Markets in Scottsdale AZ, Meg Green talks to James Evan-Cook about inflation's impact on executive search and hiring.

Inflation, geopolitical turmoil, and a possible looming recession have brought new challenges and opportunities to the credit risk market. Joining Meg Green to discuss the market is Fiona Walden, SVP and global head of credit at RenaissanceRe.

In a wide ranging interview, Marc Adee, CEO of Crum & Forster, discusses the company's 200th anniversary, market conditions, where the company is seeing growth opportunities, and the impact of technology on the sector.

This new situation is a game-changer for the long-term profitability and sustainability of our industry.

Join us, in partnership with Markel, at 10:30 ET, Oct. 26 for a free webinar

As inflation, the war in Ukraine, climate change, and the lingering effects of the pandemic continue to cause problems for global supply chains, insurers and their clients are likely to come under increasing pressure to reconsider long-established methods of procurement and delivery.

Global political and economic issues create a turbulent outlook for the reinsurance industry

Increased frequency and severity of secondary perils, complicated by supply chain disruptions and inflation, are putting pressure on property insurers.