What are the potential consequences for businesses amid escalating loss costs in the US casualty market?
According to Acrisure Re CEO Simon Hedley, the class of business may begin to deliver some healthy results for businesses who have got a handle on the situation, and developed a well-priced, diversified portfolio. He also told the Behind the Headlines podcast that artificial intelligence is set to significantly transform the industry, with the only question being the pace of change. According to the CEO, those companies not investing in AI risk being left behind.
Plus, Insurance Insider’s Rebecca Perkins looks back on her trip to the Bermuda Risk Summit.