The social construction of bodily injury (Part Two)

By Phil Bell, Royal & SunAlliance

The ever-expanding boundaries, and how to deal with them.

We can expect further cases to continue to test the boundaries of what are and are not acceptable claims. For this reason, we must expect that the next 30 years will bring as many changes as the last 30. Liability laws will also continue to be challenged as new causes of claim or new sources of perceived injustice are brought before the courts to rule upon. The challenge for insurers is how to cope with the trends, including the retrospective impact of change on IBNR (Incurred But Not Reported) and other claims in the pipeline.