US personal auto falls behind inflation curve as pricing efforts lag

13-06-2022

US personal auto falls behind inflation curve as pricing efforts lag

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US personal line auto carriers are falling behind the inflation curve, as a sluggish start to repricing and limited ability to put new rates into larger portions of the book at once leaves margins at the mercy of some double-digit inflation on key elements of the claims accounting.


Wells Fargo, US personal, Auto, Inflation, Pricing, Rates, Elyse Greenspan, Global, Insurance, Reinsurance

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