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An overview of social inflation in the US property and casualty insurance industry in 2025

Marie-Laure Badiel and Georges Dionne ()
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Marie-Laure Badiel: HEC Montréal

No 25-05, Working Papers from HEC Montreal, Canada Research Chair in Risk Management

Abstract: We propose an overview of social inflation in the US P&C insurance industry. We present the definition and origin of social inflation. We review the main motivations behind social inflation and describe its growth over time and its importance in 2025. We discuss how insurance and reinsurance industry and governments can mitigate the impact of social inflation in the future.

Keywords: Social inflation; US P&C insurance industry; definition of social inflation; origin of social inflat (search for similar items in EconPapers)
JEL-codes: D53 E31 G22 K13 K40 (search for similar items in EconPapers)
Pages: 43
Date: 2025-09-10
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