Crime victims’ compensation lags 30 years behind inflation
Victims of violent crimes who suffer life-changing injuries receive less than half the financial support today than those in the...
Read MoreProperty claims inflation pinch points revealed in latest Claims Consortium Group inflation report
Property claims inflation continues to exert pressure on insurance claims costs, despite an overall softening, according to the latest property...
Read MoreMotor and home insurance premiums fall in October despite inflationary pressures
A recent report shows that October 2024 saw a rare dip in personal insurance premiums, including motor and home insurance. ...
Read MoreKennedys releases report addressing global claims inflation
Kennedys have released a report named “Claims inflation in non-injury insurance losses: a global review” in October 2023. The report...
Read MoreInsurers face psychiatric injury challenges as claims inflation bites, Kennedys finds
Psychiatric injury is one of many challenges that insurers face in the global personal injury market as inflation puts pressure...
Read MoreGrasping the true history of the metal can help tackle motor claims inflation
[caption id="attachment_21169" align="alignleft" width="300"] Tom Lawrie-FusseyAutomotive director, LexisNexis Risk Solutions, Insurance, UK and Ireland[/caption] Collating so many pieces of the jigsaw...
Read MoreKajal Vakas from LexisNexis Risk Solutions on claims inflation and the power of data
Claims inflation is skyrocketing in the motor and property arenas—but why? And how data can help insurance providers improve efficiencies,...
Read MoreNavigating claims inflation in volatile times
Without adequate allowance for the impact of claims inflation, insurers will potentially be exposed to inaccurate reserves and additional challenges...
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