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International

BI insurance set for post-COVID shake-up: Fitch

30 November 2020

Business interruption insurance may be redefined in the wake of the coronavirus pandemic so that businesses can have more clarity about what they are covered against, Fitch Ratings says...

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January renewals likely to be ‘lengthier, more complex’

30 November 2020

Guy Carpenter has warned the upcoming January 1 renewal season and related negotiations will likely be “lengthier and more complex” because of COVID-19 and significant adverse developments in commercial automobile and general liability...

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UK High Court approves Lloyd’s Brexit response

30 November 2020

The UK High Court has given final approval for policy transfer plans developed by Lloyd’s due to Britain’s exit from the European Union...

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US commercial premiums surging: WTW

30 November 2020

North American commercial insurance prices are expected to increase in every line except one next year in one of the hardest markets in decades, while uncertainty remains around final costs for insurers from the COVID-19 pandemic, Willis Towers Watson says...

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Rising reputational risks offer growth opportunity

30 November 2020

Reputational risks offer a growth area for insurers as companies face heightened repercussions and improved products are developed, a report from Lloyd’s and KPMG says...

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