Social Inflation Hits Insurers, Not Economies
You know things are bad when the term "nuclear" is deemed inadequate to describe the rise in legal verdicts against corporations.
Reserves and Inflation: Insurers Got This!
According to an analysis of loss reserves published in mid-March by Assured Research, 2021 marked the 16th straight year that the U.S. P/C industry's loss reserves developed favorably—by about ...
Loss Reserve ‘Conservatism’ Will Shape the Pricing Cycle
According to our analysis of loss reserves published in mid-March, the year 2020 marked the 15th straight year that the U.S. property/casualty industry's loss reserves developed favorably—by about ...
COVID-19: On Disrupted Loss Reserve Diagonals and Lengthening Tails
It's axiomatic to assert that the coronavirus has changed everything both personally and professionally. Going forward, it'll be our aim at Assured Research to strike a balance. No one, of course, ...
It’s Not Over: Social Inflation Will Be Around for Some Time
Social inflation has become the industry's most talked about subject in recent quarters. The frequency and severity of tort claims has increased, and insurers have had to add to prior-year reserves ...
Fewer Settlements on Courthouse Steps: What Insurance Execs Are Saying About Social Inflation
Is the political mood of the country increasingly conducive to social inflation? Analysts at Assured Research believe so. In addition, in the accompanying article, they note that a steady rise in ...
Social Inflation Is Back, Fueled by Lawyer Advertising and Other Factors: Assured Research Analysis
By the spring of this year, the financial press was filled with articles documenting the pause in numerical and medical inflation. But few outside the insurance industry are discussing—or maybe ...
Top Five Regional Insurers: Combined Ratio Rankings
National insurers have produced higher returns on equity and lower combined ratios in recent years, according to our analysis of financial results (published in a companion article here). Drilling ...
Financial Analysis: Why Regional Writer ROEs Lag Nationals
A comparison of the returns on equity of national and regional writers of property/casualty insurance produces a result that may not seem terribly intriguing: National writers win, hands down. But ...
P/C Insurer Mergers: Reaching the Tipping Point
The growing number of reinsurance mergers is understandable considering that the flood of alternative capital has upended the industry's economics. If companies don't lower their cost of capital and ...