Description
This keynote presentation begins with an overview of the Insurance Information Institute's (Triple-I) insurance economic outlook through 2026. This presentation then provides a forecast by Triple-I’s actuaries of insurance industry’s Underwriting Projections by Key Product Lines (property and casualty) through 2026. The presentation then transitions to Triple-I's perspective on key risks and opportunities facing the P&C insurance industry, including climate risk, legal system abuse, cybersecurity, and risk-based pricing. The keynote concludes with takeaways and things for financial planners and advisors to consider when helping their clients develop risk management plans.
Learning Objectives
Gain insight into Triple-I forecast methodology.
Identify the key property and casualty macro drivers that are causing replacement costs to exceed overall inflation in 2025 and 2026.
Compare Triple-I’s property and casualty insurance industry costs and claims expectations through for 2026 vs Triple-I’s 2024 expectations.
Develop high-level action plans to help clients mitigate P&C’s key risks and prepare them for opportunities in the P&C insurance industry.