The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.
Swiss Re is to streamline its corporate structure into just one directly owned operating subsidiary, which will in turn assume the debt of restructuring primary...
Lloyd’s CEO John Neal cautioned Tuesday that the Covid-19 pandemic could still shape up to be the worst ever event for the insurance industry if the global economic...
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 surety insurance market is expected to avoid major losses related to the collapse of STA Travel as the policy that covers the Air Travel Organiser’s Licence (Atol) primary...
The marine and cargo market is expected to bear the brunt of insurance losses from yesterday’s explosion at Beirut port, with the property direct and facultative (D&F) market seeing limited...
Tokio Marine HCC has opted out of the UK trade credit insurance scheme, Insurance Insider understands...
The Financial Conduct Authority (FCA) has defended its arguments on the causation of BI losses and argued that the court is dealing with a “unique situation” in the final day’s hearing of the BI test...
The European Commission has approved the proposed £10bn UK trade credit backstop, with many insurers opting into the scheme, but some trade credit insurers have chosen not to participate...
The implementation of a £10bn ($12.4bn) trade credit reinsurance scheme aimed at supporting UK trade credit insurers during the crisis is being delayed by...
The collapse of German payment processing company Wirecard into insolvency looks likely to result in a multi-hundred-million-euro loss, impacting lines including directors’ and officers’, crime...
