'Claims inflation will challenge underwriting strategy of A&H market'

In March 2020, scores of scheduled medical procedures were cancelled across the globe to make way for “Covid care”. The result was a major drop in healthcare spending: 18% in the US alone, according to The Economist Intelligence Unit (EIU). But, as the pandemic abates, so too will this spending honeymoon. The EIU predicts healthcare spending to rise faster this year than in any other since the global financial crisis.