Inflation News
Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey
Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the ...
Insurers Say Bad Driving, Inflation Among Factors Pushing Increase in Auto Loss Ratios
Auto insurers in the U.S. are coping with the largest direct loss ratio in 20 years because of factors that include historic inflation, a deterioration in driving ...
How to Tackle Inflation-Driven Pricing, Reserve Risk: A Coverage Fix
Annualized inflation in the U.S. topped 5 percent just once since 1981—until now. In the UK, it exceeded 3 percent only rarely since 1992, and only ever by a fraction. In France, the change in the ...
Celebration of Inflation Reduction Act Might Be Premature
President Joe Biden gathered a crowd of thousands at the White House Tuesday to celebrate last month's passage of the Inflation Reduction Act, even as a new government report showed how hard it could ...
Breaking Down Inflation’s $30B Impact on Insurers Line By Line
Experts at McKinsey & Company estimate that inflation pushed loss costs for property/casualty insurers up roughly $30 billion last year, with nearly three-quarters of that figure coming through ...
Rising Inflation to Hit Profits of European P/C Insurers: GlobalData
Rising inflation in Europe, which jumped to 8.9 percent in July 2022—the highest in 25 years—will hurt the profitability of property/casualty insurers in 2022-2024, according to London-based data ...
Flexibility Is Key for Insurers Managing Inflationary Challenges
Inflation likely won't subside anytime soon, and insurers will need to be proactive and flexible if they want to stay on top of the challenges, said Keith Buckley, managing director of Fitch Ratings' ...
Strategy Sessions: What Insurers Should Know About Navigating a Tricky Inflationary Landscape
The insurance industry is facing increasing inflationary pressures, with many experts predicting a continued rise in inflation over the next few years. This has led insurance carriers to think about ...