There has been an acceleration in the frequency of severity claims in casualty loss trends this year that is making the trend for more recent accident years uncertain, RenaissanceRe US president Marc Amen told Insurance Insider US.
“It’s
‘Cone of uncertainty’ larger for recent casualty AYs: RenRe’s Amen
There’s a question mark around the tails of AY 2021-2023, the president said.