Captives can help dampen social inflation risk, say panellists

Claire WilkinsonMarch 15, 2023

Inflation, tax, cash flow and another financial concept. Financial advisor focused on decreasing value of money in post-covid era. Hand with magnifying glass focused on coins fly away. — Credit: Shutterstock/Jirsak

Social inflation is having a growing impact on insurance claims but there are steps captive owners can take to combat its effects, experts say.

All insurance sectors are being affected by social inflation in some way, said Amy Klatt, vice president of captives and programs-claims at Skyward Speci...

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