In this webinar with ITL Editor-in-Chief Paul Carroll, Dr. Michel Leonard, head of the Insurance Information Institute's Economics and Analytics Department, lays out the Triple-I's latest thinking on the perplexing problem of inflation. As part of a robust discussion, he says:
-- Inflation is headed back toward its long-term level of 2-3% but not as quickly as the Fed has suggested.
-- Inflation is increasingly limited to energy, so the disproportionate effect on insurers (via soaring replacement costs) is waning.
-- A generational shift in wealth will make inflation more volatile, including stretches where it could be 3-4%.
-- And more, including thoughts on student debt forgiveness and on who benefits from inflation.
Date: September 22, 2022
Time: 1:00 pm EDT