A study on emerging risks capable of affecting society and business, carried out by the Swiss Re Institute, of the insurance industry giant, points out that inflation and the scarcity of raw materials can encourage the use of low quality material in real estate. .
The scenario can also encourage the hiring of cheap and less qualified labor, consequently impacting the value of claims, since homes will be more susceptible to accidents.
According to the study, insurers need to consider that increases in insurance prices can contribute to rising inflation in the sector.
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I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.
