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Macreconomic turmoil, social inflation, an increase in so-called ‘nuclear’ court verdicts and a focus on Environmental, Social and Governance (ESG) concerns, mean that the European casualty insurance marketplace is dynamic and evolving. Marine Ress, chief underwriting officer, casualty APAC & Europe, and Julien Martins, product leader, casualty, APAC & Europe, discuss the latest trends.
A challenging economic, geopolitical, and social environment means that our clients in Europe, Asia and Australia are facing an evolving set of casualty exposures. Inflation, rising jury awards and an increasing propensity for people to claim, coupled with newer areas where claimants are seeking redress – like climate change litigation, mean that clients’ risk profiles are changing, and our risk transfer response is shifting too.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
