06 April 2020
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...
06 April 2020
Chubb has committed $US10 million to pandemic relief efforts and has pledged not to retrench employees while the crisis is ongoing...
06 April 2020
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...
06 April 2020
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...
06 April 2020
Storms that swept through the UK in February have caused insurance property losses of £297 million, Swiss-based catastrophe data firm Perils says...
30 March 2020
Lloyd's has returned to profit after two straight years of losses, with the reversal attributed to the investment performance, rate increases and improved underwriting discipline...
30 March 2020
The Association of British Insurers estimates £275 million will be paid to UK customers by travel insurers in coronavirus-related claims, with the vast majority for cancellations...
30 March 2020
Specialist or niche underwriters may be hit with "outsized losses" from increased claims linked to the coronavirus pandemic, S&P Global Ratings has warned...
30 March 2020
Zurich Group is rolling out a new marine insurance product created for small and medium cargo after trials in four countries last year were successful...
30 March 2020
Insurers face claim losses of at least €1.5 billion from Sabine, the damaging windstorm that struck Europe last month, according to Swiss catastrophe data firm Perils...
30 March 2020
Guy Carpenter has partnered with RiskGenius to better detect and analyse "silent cyber" exposure across various lines of business...
23 March 2020
The COVID-19 pandemic gripping the world may only trigger insured losses equivalent to a moderate natural catastrophe, Willis Towers Watson says, although plunging investment returns is a primary concern...
23 March 2020
Standard business interruption insurance does not cover a forced closure by authorities, the UK’s Association of British Insurers says...
23 March 2020
UK insurers seeking to suspend or change policies to limit their coronavirus exposure have been warned by the country’s regulator against acting unfairly toward consumers...
23 March 2020
Insurance options for many technological risks are perceived as inadequate by most risk professionals, a survey by Marsh found...
23 March 2020
Southern Africa has made progress in resilience-building in recent years, and global insurer Zurich says more attention needs to be paid to pre-event planning to further strengthen the region against natural hazard events...
23 March 2020
Rapid growth and changing risks in renewables energy signal a growing need for insurance in the sector, research from Lloyd’s reveals...
23 March 2020
HDI Global Specialty lifted its gross written premium by more than 30% to €1.43 billion last year, and parent Talanx expects growth to around €2.1 billion by 2022...
16 March 2020
Aon will become the world’s largest insurance broker after agreeing to acquire Willis Towers Watson for $US29.9 billion in shares...
16 March 2020
Record losses in the Insurance-Linked Securities market have severely tested the market, AM Best says...