AUDIO: Re/Insurance Liability Trends During the COVID-19 Crisis

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Chirag Shah, Executive Vice President, Casualty Reinsurance at Willis Re, discusses how the COVID-19 crisis is affecting liability trends. During an interview conducted early September for this podcast, Shah pointed to the significant market correction taking place in the North American liability space, driven by social inflation and adverse loss development. Nevertheless, Shah says, there has been an increased demand for casualty reinsurance as insurers confront threats to both the asset and liability sides of their balance sheets - and look to reinsurers for more solutions to help them with their evolving needs.

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