A new study by Conning Research and Consulting, Hartford, Conn., may cause property/casualty insurers to cringe with caution. The report holds that the relatively minor inflationary impact of the last 15 years is about to change, and looking forward to the next few years, P&C carriers will likely suffer from inflation and its related market volatility.

“As we look ahead, there appears to be increased prospects for inflation in components that could have significant impacts on insurer operating results and economic value, both good and bad,” said Stephan Christiansen, director of research at Conning.

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