Social inflation has put severity pressure on loss cost trends over last five years: CNA CEO
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Social inflation has put severity pressure on loss cost trends over last five years: CNA CEO

Long-run loss cost trends in the US are at 6.5% as a result.

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CNA Financial CEO Dino Robusto said that over the past five years, social inflation has increased the severity pressure on loss cost trends, doubling them in some casualty classes during that period.

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