Moody's Highlights Casualty Data Gap as Liability Concerns Rise
Moody’s said casualty insurance remains underdeveloped in data and analytics despite holding the biggest market share, citing ongoing concerns about social inflation and liability losses. It attributes losses to anti-corporate sentiment, pro-litigation behavior, AI enablement, and third-party litigation funding, contrasting casualty’s fragmented inputs with stronger property catastrophe modelling. Moody’s reports meeting nearly 200 insurers worldwide and hearing consistent “litigation intelligence” needs.