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The private US P&C insurance industry faces considerable challenges in 2020 as the effects of the Covid-19 pandemic unfold, despite seeing solid results in 2019, with increases...
Insurers have reported sizeable rate increases in the first quarter and numbers show the hardening is getting worse for buyers, with one insurance CEO describing conditions as the...
FM Global is being sued by a commercial property owner in New York for Covid-19 rental and business interruption (BI) losses that it argues should be covered by its property policy...
Risk managers should be planning now to restart operations and deal with a range of new risks as the initial coronavirus wave subsides, according to specialist property...
Risk managers should not meekly accept the “knee-jerk” reaction of insurers to flatly deny business interruption (BI) pandemic claims, because policy structures...
Last year saw a record number of global property and casualty (P&C) distribution deals, according to a study from Conning. In contrast, insurer acquisitions slowed last year...
Credit ratings agency Standard & Poor’s (S&P) says the Covid-19 virus will have a lesser impact on the first-quarter underwriting performance of US P&C insurers than life and health insurers...
Most corporate insurance managers will be focusing on how, if possible, to call on their liability coverage to help their company through the current pandemic...
Social inflation, rather than replenishment of capital, is driving the hardening pricing cycle in the US property/casualty (P/C) insurance sector, according to Standard & Poor’s Global Ratings...
Catastrophic events could wipe $584bn from the global economy in 2020, 3% higher than the value at risk this year, according to analysis from the Centre for Risk Studies (CRS)...
