Tightening stop-loss market to persist through 2027: Tokio Marine HCC chief

The stop-loss market is undergoing a significant transformation, according to Tokio Marine HCC's chief, who notes that the industry has transitioned from a 'hush period' of suppressed catastrophic claims during the COVID era to a 'crush period'. This shift is attributed to the resurgence of catastrophic claims, which are placing increased pressure on insurers. As a result, the stop-loss market is expected to remain tight through 2027, with insurers facing significant challenges in managing their risk exposure. The industry's move from suppressed to increased claims is likely to have far-reaching implications for insurers, brokers, and employers who rely on stop-loss coverage to manage their healthcare costs.