P&I claims volatility is ‘the world we live in now’: American Club’s Ioannou
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P&I claims volatility is ‘the world we live in now’: American Club’s Ioannou

Samuel Casey
01 March 2023
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P&I insurers should not assume the spell of low claims in the past year is part of a new trend, with loss volatility representing “the world we live in now”, according to American Club CEO Dorothea Ioannou.

She said P&I insurers were facing a “horrible storm” of economic inflation, social inflation and geopolitical risk, although the sector was better prepared to face the challenges following a material improvement in rating.

During

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Samuel Casey
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