About This Event
The presentation begins with an overview of the Insurance Information Institute’s (Triple-I) insurance economics outlook and underwriting projections, updated quarterly their economists and actuaries. The presentation then transitions to Triple-I’s perspective on key risks and opportunities facing the insurance industry, including climate risk, legal system abuse, cyber, and risk-based pricing. Key Messages:
- Triple-I expects elevated replacement cost trends to continue beyond 2022
- Triple-I expects industry net combined ratio will remain elevated through 2024
- Key risks & opportunities for the insurance industry include Pandemic, Climate, Legal System Abuse, Cyber, Risk-Based Pricing
