With casualty insurance, insurers have to generate the required efficiency benefits if they want to offer a highly competitive product with sustainable, healthy margins.
Private casualty insurance business has delivered very strong margins in the past for German insurers. But the competition in this business line will grow in the years to come, in part due to further product innovations.
In Switzerland, the situation is rather more difficult for casualty insurance: premium growth has stagnated for years now, while claims ratios are rising.
With Adcubum Syrius, insurers can create the necessary efficiency advantages in casualty insurance business to offer an exceptionally competitive product with sustainable, healthy margins.