Excess Casualty Insurance Markets in the Post-Crisis World: A Looming Tort Crisis?

This PowerPoint presentation by Robert Hartwig, president of the Insurance Information Institute, reviews the tort environment as the U.S. pulls out of the financial crisis, discussing whether the pendulum is swinging against casualty risks and their insurers. The presentation begins with an overview of insurance industry property/casualty (P/C) insurance and reinsurance performance, profitability, premiums, investment performance, capacity and financial strength. A section of the report addresses P/C insurance industry exposure through the financial crisis, recession and recovery. The presentation concludes with a lengthy discussion of public policy initiatives that are affecting casualty insurance markets, including proposals for financial services regulation and the possible end of the terrorism risk insurance program.