Tag: disaster claims fraud

Financial, Risk Management

Fraudulent disaster claims cost P&C insurers extra $4.6bn to $9.2bn

May 18, 2022

Via: Artemis BM

Fraud, litigation, claims inflation, social inflation, loss adjustment expenses, there seems a multitude of reasons for natural disaster insurance claims to become amplified and for higher loss costs to ultimately flow to providers of reinsurance capital, including ILS funds and […]