International

Insurance companies and their representative organisations are working out ways to help their customers as communities around the world begin to experience the challenges of prolonged coronavirus control initiatives...

The Association of British Insurers has suggested reinsurance pools like those used for terrorism and earthquake risks could be part of solutions for protecting against future pandemic risks...

Chubb has committed $US10 million to pandemic relief efforts and has pledged not to retrench employees while the crisis is ongoing...

Munich Re’s property and casualty arm has suffered a "considerable claims burden" in the first quarter because of the coronavirus pandemic, forcing the global reinsurer to withdraw its €2.8 billion profit guidance for this year...

Reinsurance renewals in April were mostly fully placed before the impact of coronavirus escalated and without specific exclusionary language after buyers started negotiations well in advance, Willis Re says...

Storms that swept through the UK in February have caused insurance property losses of £297 million, Swiss-based catastrophe data firm Perils says...