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‘Nowhere near’ drawing line under ‘legal system abuse’ – AM Best

By 2025-09-15T13:00:00

Monte Carlo 3

US-based litigation funding is impacting social inflation – a key concern for casualty reinsurers, says credit rating agency

The reinsurance market still needs to keep a weather eye on the “ongoing concern” of “the role of litigation funding” in the US market because of the subsequent impact on casualty reinsurance, according to Michael Lagomarsino, senior director of global reinsurance at credit rating agency AM Best.

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