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Insurance will outperform with V-shaped recovery: Swiss Re

Mon, 13 Jul 2020 12:56:00 +1000

Global insurance premium volumes will recover to pre COVID-19 crisis levels next year, underpinned by a strong rebound in China and other emerging economies, Swiss Re says...

UK action on loyalty penalties 'benefitting millions'

Mon, 13 Jul 2020 12:56:00 +1000

UK insurers and brokers say industry action to prevent loyal customers being disadvantaged by renewal pricing increases is delivering improved results for long-term policyholders...

Chubb wants government-backed BI 'before the next pandemic'

Mon, 13 Jul 2020 12:55:00 +1000

Global insurer Chubb wants a business interruption facility backed by US Government reinsurance that would be similar to terrorism measures introduced after the 9/11 attacks...

June weather pushes up global catastrophes bill

Mon, 13 Jul 2020 12:54:00 +1000

A June 13 hailstorm in the Calgary metro region is one of Canada’s most expensive thunderstorm-related events on record, Aon’s Global Catastrophe Recap report says...

Chubb flags $2 billion hit from virus claims

Mon, 13 Jul 2020 12:53:00 +1000

Chubb has warned of a $US1.37 billion hit in pre-tax pandemic losses ahead of the release of its second quarter financial results later this month on July 28...