Reinsurers must beware of inflation ‘acceleration factors’: Kessler
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Reinsurers must beware of inflation ‘acceleration factors’: Kessler

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Several issues exacerbate the inflationary risk faced by P&C reinsurers, who must be quick to act to mitigate its impacts, Scor chairman Denis Kessler warned at a Geneva Association regulatory seminar earlier this month.

Overall, the impact of inflation will be felt more steeply among P&C carriers, particularly in longer-tail lines, than among life reinsurers who are “virtually unaffected” by inflation, given that claims are typically lump-sum and not indexed to prices, Kessler...

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