An overview of social inflation in the US property and casualty insurance industry in 2025
Abstract This paper examines social inflation in the US property and casualty (P&C) insurance industry, exploring its definition, origins, and key drivers. We highlight its evolution over time and growing significance in 2025, and we discuss potential strategies for insurers, reinsurers, and policymakers to mitigate its impact in the future. We conclude that more academic research is necessary to evaluate social inflation.
Institutions
- HEC Montréal (CA)
Publication Details
- Journal
- Risk Management and Insurance Review
- Published
- 2026-05-19
- DOI
- https://doi.org/10.1111/rmir.70037
- Primary Topic
- Insurance and Financial Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- Social Sciences and Humanities Research Council of Canada