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...
16 March 2020
Swiss Re has teamed with Microsoft to launch its new Digital Market Centre, which it says will transform the way insurers measure business risks in a digital environment and enable a new class of technology solutions...
16 March 2020
The prospect of inevitable tech-driven disruption may sound grim but EY says an “unprecedented growth and profitability spike” is within reach for large insurers...
16 March 2020
The Cambridge Centre for Risk Studies in the UK has collaborated with the insurance industry to provide guidance for “catastrophic shock” scenarios...
16 March 2020
Lloyd’s closed its underwriting room for 24 hours on Friday to “stress test” the market’s backup trading plan as part of stepped-up preparations for the worsening coronavirus pandemic...
16 March 2020
Global claims management group Crawford & Company has created a special round-the-clock claims support desk for insurers and brokers to ensure consistent handling of advice and any claims related to COVID-19...