Intelligent Insurer interview with the Volante Global CEO – Talbir Bains
‘Rate hikes are positive only if they are adequate for the underlying risk’.
The market is clearly undergoing a period of significant hardening with rate increases
expected to continue upwards into 2021 as a result of the immediate and longer-term
impacts of COVID-19, coupled with successive years of increased loss severity and frequency,
and prior-year loss performance across multiple lines.