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Munich Re, Hannover Re and MS Amlin are among some of the key reinsurers providing cover to smaller Iowa insurers now dealing with the aftermath...
Zurich Insurance said the High Court’s ruling today in the test case brought by the Financial Conduct Authority over UK BI cover has confirmed that its own wordings do not provide...
Ahead of the handing down of the FCA's BI test case verdict, we said that the judgement was likely to be complex rather than all-or-nothing, with scope...
Hiscox today said it anticipates an additional £100mn ($128.5mn) of net losses as a result of the High Court judgment handed down in the FCA BI test case, which fell largely in favour of insureds...
Upstream energy underwriters expect losses from Hurricane Laura to potentially come in below $100mn, well under the $1bn-$2bn loss the market...
There has been such a huge build-up to the verdict in the FCA BI test case tomorrow, and there is so much riding on it, that there is a palpable hunger on all sides for certainty...
Capacity for aggregate reinsurance and covers with cascading features is down by more than a fifth in this renewal season as carriers react to successive cat events, according to Guy Carpenter...
Lloyd’s is expecting losses in the “low hundreds of millions” of pounds if the outcome of the Financial Conduct Authority’s (FCA) BI test case goes against the (re)insurance industry...
The toll of Covid-19 losses in Lloyd’s has fallen more heavily on the embattled event cancellation market than previously anticipated...
The ruling in the Financial Conduct Authority’s (FCA) key test case on BI and Covid-19 claims will be handed down on Tuesday, 15 September...
