Runaway loss cost pressure in personal lines as commercial lines fears pick up
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Runaway loss cost pressure in personal lines as commercial lines fears pick up

Eileen AJ Connelly
May 18, 2022
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Insurers are facing an uncertain loss cost environment in coming months as inflation, ongoing supply chain disruptions and rising severity in multiple lines pressure the industry, according to commentary during Q1 earning calls.

Pressure is far sharper in personal lines, and in particular in auto where a surge in severity amidst rebounding frequency has led to double-digit deteriorations in combined ratios year on year.

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Topics

News Personal lines Commercial lines Rates Claims and losses
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Eileen AJ Connelly
Contributing Editor
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