Tag: Billion

Analysis Of Inflation’s $30 Billion Impact on Insurers

McKinsey Inflation By Insurance Line 2021 620x746 1

Line by Line Analysis of Inflation’s $30 Billion Impact on Insurers According to McKinsey & Company, inflation increased loss costs for property/casualty insurers by around $30 billion last year, with personal lines accounting for nearly three-quarters of that amount. McKinsey partners Kia Javanmardian, Sebastian Kohls, and Fritz Nauck, along with senior expert Gavin McPhail, emphasize […]