TMK's Spyropoulos: Catastrophes, Inflation Combine to Drive Up Claims Costs




AM Best Audio show

Summary: Pavlos Spyropoulos, regional managing director, Asia, Tokio Marine Kiln, cited increased costs in labor and materials for property rebuilding as an example of how inflation can escalate claim costs. Spyropoulos spoke with AM Best TV at the Singapore International Reinsurance Conference.