06 July 2020
The Association of British Insurers has rejected accusations that the industry is trying to use the UK Government’s pandemic financial grants as a subsidy to avoid paying business interruption claims...
06 July 2020
Organisers of major events are unlikely to be able to secure pandemic cover for business interruption in the immediate future, making sporting tournaments and other events extremely risky for organisers until a vaccine is available, GlobalData says...
06 July 2020
Three insurtechs focused on pandemic-related solutions and products have joined Lloyd’s incubator program for promising digital start-ups...
06 July 2020
Allianz Global Corporate & Specialty, the industrial insurer of Allianz Group, has set out on a "comprehensive transformation" program to turn around its business by 2024...
29 June 2020
COVID-19 is shaping up to rank among the reinsurance sector’s most expensive events, and this year could bring record annual losses in the sector if other events compound large claims from the pandemic, Guy Carpenter says...
29 June 2020
Lloyd’s plans to reopen its London headquarters on September 1, though significant changes will be introduced to adhere to social distancing guidelines, including reducing the capacity of the underwriting room to 45%...
29 June 2020
Business travel insurance will lag behind the recovery trajectory of the wider travel insurance industry and will take years to return to pre-COVID-19 levels, GlobalData says...
29 June 2020
Pool Re CEO Julian Enoizi has flagged the benefits of expanding the UK terrorism reinsurer’s role to provide protection for other emerging risks and "black swan" events, warning the industry can’t retreat behind exclusions...
29 June 2020
Every dollar invested early to improve resilience to natural hazards helps, on average, to avoid five dollars in future losses, Zurich’s latest Risk Insights report says...
29 June 2020
London Stock Exchange CEO Nikhil Rathi has been appointed to lead the UK Financial Conduct Authority for a five-year term...
29 June 2020
A "flight to quality" by investors during the COVID-19 pandemic is helping insurers to tap into debt markets, S&P Global Ratings says...
22 June 2020
Insurers participating in a UK High Court test case over business interruption cover during the coronavirus pandemic will file their defences tomorrow ahead of an expedited hearing scheduled for next month...
22 June 2020
An infrastructure spending boom in emerging markets will create a “premium opportunity” of more than $US50 billion ($72.96 billion) for insurers over the next 10 years, Swiss Re says...
22 June 2020
COVID-19 has exposed limitations in the ability of the insurance industry to offer cover, analytics firm GlobalData says...
22 June 2020
Specialist insurer Markel International says its wholesale personal accident, contingency and entertainment portfolio will be cut back due to the coronavirus...
22 June 2020
Swiss Re has announced Thierry Léger will be Group Chief Underwriting Officer on September 1, taking over from Edi Schmid, who has decided to step down for personal reasons but will still have an advisory role with the business...
15 June 2020
Swiss Re’s annual Sonar report on emerging risks has warned the COVID-19 pandemic should not overshadow the need to move to a low-carbon future...
15 June 2020
The Financial Conduct Authority has identified a preliminary list of 91 policy wordings that match those which fall within the scope of a UK business interruption High Court test case...
15 June 2020
The Organisation for Economic Co-operation and Development says government-backed insurance programs designed for business interruption losses from future pandemics may need to have automatic inclusions to ensure widespread cover...
15 June 2020
Insurance’s annual global diversity and inclusion festival Dive In will be held online for the first time in September...