Economic inflation ‘more immediate concern’ than social inflation: Selective CEO
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Economic inflation ‘more immediate concern’ than social inflation: Selective CEO

Selective logo with Marchioni.jpg

Selective Insurance CEO John Marchioni became the latest senior industry figure to sound off on the topic of inflation on Thursday, telling analysts that while the company was closely monitoring the impacts of social inflation and the pandemic, economic inflation concerns are the most pressing.

In call with analysts on Thursday, the chief executive identified the three dynamics as “complicating factors” that are currently making it difficult to evaluate loss trends.

“The

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