Asia FX Edges Lower, Dollar Steadies With Inflation On Tap
The value of currencies in Asia decreased except for some, which remained stable against the US dollar in light of expected inflation figures
Inflation Impact reviews how inflation affects aspects of the insurance and financial sectors. This category explores the influence of rising prices on insurance premiums, policy coverage, and investment returns. It examines how inflationary trends alter risk assessments and underwriting processes.
Additionally, the reviews highlight the strategies insurers and investors use to mitigate inflation risks and adjust their portfolios. The content aims to provide insights into how inflation affects the financial stability and operational efficiency of insurance companies, and how it impacts policyholders’ purchasing power.
The value of currencies in Asia decreased except for some, which remained stable against the US dollar in light of expected inflation figures
US corporate bankruptcy filings gained more momentum in February 2024, underpinned by a flurry of filings in the healthcare sector
Inflationary trends in auto liability insurance, personal and commercial combined, drove loss and defense containment costs between $96 bn and $105 bn higher
The current environment is complex: inflation has stayed higher for longer than expected, natural catastrophes cause increased losses
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers’ earnings in fiscal year 2023, though the effects of inflation are catching up
The phenomenon of social inflation has garnered a great deal of attention in the property and casualty (P&C) insurance industry
Every insurer should closely monitor price developments, focusing on the drivers relevant to the respective insurance coverages, such as repair costs, construction prices or medical inflation
The immediate impact of inflation on non-life (P&C and health) insurers’ earnings is negative, primarily through rising future claims costs on current insurance policies
In response to high inflation, central banks have hiked their base rates, which, in turn, can impact the balance sheets of (re)insurers as a result of fixed-interest securities falling in value
Costs for everything from food to healthcare to insurance premiums have increased in the past few years – especially after the 2020 lockdown