Casualty risk is re-entering the balance sheet, not through frequency, but through severity correlation.

Social inflation is changing how liability risk behaves:
• verdicts detach from historical loss curves
• reinsurance confidence tightens
• captives retain more tail than intended

In our most recent The Business of Resilience, our CEO, Henri Winand, explores why this matters for CFOs, Boards and captive owners, and why traditional renewal conversations often miss the real transmission channel.

📘 Read the full piece here:
https://lnkd.in/eDK7cTeT