Insurance industry must find ‘right’ capital management strategy to navigate losses

risk sterling scales

During a press briefing, Guy Carpenter discussed why it is ‘critical’ that the insurance industry has the right solution in place to navigate losses, especially against the backdrop of the pandemic

The insurance industry must find the “right” capital management strategy to navigate losses.

One driver for this is social inflation, however the change in legal environment, different mindsets in juries, third party claims and medical advancements have all made claims increase. 

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