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Social Inflation and Emerging Mass Torts – Now, Next and Beyond

2021 Webinar - Social Inflation and Emerging Mass Torts – Now, Next and Beyond - March 31

The Property & Casualty Insurance industry has experienced notable increases in loss trends in recent years that are likely attributable to the impacts of social inflation and emerging mass torts. This Webinar will discuss some of the underlying societal and legal trends driving these emerging costs, as well as the operational considerations associated with them (claims, actuarial/reserving, accounting). This will be followed by an analytical discussion on quantification of the increase in trends, and on the potential effects on ultimate loss estimates of continued elevated trends under various prospective scenarios.