Rob Berkley cautions on social inflation despite WRB’s Q2 reserve releases

Published: Tue 20 Aug 2024

WR Berkley (WRB)’s Rob Berkley has urged further caution about the ongoing impact of social inflation and its impact on reserves even as his company booked modest favorable development in Q2 2024 while the executive pinpointed the auto market as a continued cause of concern for the industry.