Falvey does a lot of work in the life sciences, and a lot of pharma business is centralized in a couple of areas around the country — including some in Tennessee, which recently experienced very damaging tornadoes.
The next two years may be rocky as high inflation lifts claims costs and threatens reserves, but there is promise for the U.S. P&C insurance industry to improve profitability, say Swiss Re’s chief economists for the Americas in their latest report.
“I don’t know that we do enough with people to let them know what’s available and what kind of life you can live by being part of this great industry. I get up every morning looking forward to my work., I love what I do, and I think that’s important.”
The advancement of climate change, ongoing macro-economic variations and the fact that an aging population will be increasingly in need of long-term care options, will call for best-in-class risk management in the nursing home sector.