Social inflation has emerged as a key factor affecting the adequacy of reserves. It refers to the phenomenon of rising litigation costs, higher jury awards, and broader contract interpretations that increase insurers' liabilities beyond their original expectations. In this article, published on the website of Insurance Thought Leadership, the authors discuss the trends and patterns of reserve development in property and casualty segments, including sections on: 

• Juror sentiments and nuclear verdicts
• Third-party litigation funding
• Evolving legal tactics – a defense attorney’s perspective
• What does this mean for future reserves?

This article was published by Insurance Thought Leadership. Read the full article here.