Actuaries spent too long thinking that inflation risk was a thing of the past
Inflation and insurance
By Wilbert Ouborg and Pieter Bouwknegt
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Dr Wilbert Ouburg MSC AAG FRM is CRO NN Life & Pensions | ||
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Drs. Pieter Bouwknegt AAG is Balance Sheet and Capital manager NN Life & Pensions | ||
One word is turning up everywhere at the moment: inflation. After many years of a general belief that high inflation was definitively over, it has undeniably returned. We are noticing it at the bakery, in the beer garden and when we book travel.
Disclaimer:
This article represents the opinion of the authors, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 32 – December 2022
This article has been published in De Actuaris of October 2022
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