As the global insurance industry continues to experience rising claims costs due to social, political, legal and economic factors, our interactive Social Inflation Guide provides expert insights broken down both by thematic drivers and jurisdictional developments.
 
Social inflation has become a familiar expression to those handling insurance claims. It is often traced back to Warren Buffett over 45 years ago, accompanying a warning to Berkshire Hathaway shareholders that costs in the insurance sector were expected to rise. He identified one of the causes as social inflation, which he stated was “a broadening definition by society and juries of what is covered by insurance policies.”
 
As a phenomenon associated with the United States, many of the key factors driving social inflation derive from the litigation environment there. Our guide focuses on six key thematic drivers: collective redress mechanisms, litigation funding, emerging risks, public sentiment, nuclear verdicts and claimant strategy. The impact of those factors on the insurance claims environment differs across jurisdictions.

Click to download our October 2025 guide.