Financial lines : time to build resilience : 2021 claims analysis and trends
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<title>Financial lines</title>
<subTitle>: time to build resilience : 2021 claims analysis and trends</subTitle>
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<dateIssued>2022</dateIssued>
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<abstract displayLabel="Summary">The report provides great and valuable insight into financial lines claims types and trends that have seen an increase in 27 countries across Europe. 74% Of claim notifications were PI and D&O related
Claims are expected to increase in severity due to the upwards trend of event-based litigation and the impact of ransomware on cyber security. It is essential for companies to put more emphasis on building business resilience and look to continually re-visit their decision making around risk tolerance within their risk transfer solutions to optimise their insurance product solutions</abstract>
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