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AM Best reports rising social inflation costs continue to challenge US liability insurers

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AM Best reports rising social inflation costs continue to challenge US liability insurers

AM Best, the credit rating agency specialising in the insurance sector, has highlighted the continued impact of social inflation on US property and

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond-1.8%

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond-0.9%

    Treasury bonds move when yields change

  • SHY iShares 1-3 Year Treasury Bond-0.3%

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500+1.6%

    Stocks move when the Fed changes the rate path

  • JPM JPMorgan Chase-4.3%

    Bank profits move with lending and interest rates

  • BAC Bank of America-18.8%

    Bank profits move with lending and interest rates

  • GS Goldman Sachs-8.5%

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR-3.9%

    A fund of financial companies

  • KRE SPDR S&P Regional Banking-4.4%

    Regional banks are sensitive to interest rates

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT———————
IEF———————
SHY———————
SPY———————
JPM———————
BAC———————
GS———————
XLF———————
KRE———————

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AM Best reports rising social inflation costs continue to challenge US liability insurers Reinsurance News

Source: Reinsurance News

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This story

12 out of 100

“AM Best reports rising social inflation costs continue to challenge US liability insurers” scores 12 out of 100. The score uses 1 sources.