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Global Reinsurance provides local insight and global strategy for the world’s largest (re)insurance companies across the global markets. Providing analysis for more than 25 years, Global Reinsurance is the go-to source for senior (re)insurance executives.

Senior level decisions amid Covid-19 could spark fresh class action

Marsh discussed some exclusions that may arise and legal issues during its briefing on the pandemic last week...

Global Reinsurance / Article / 14 days ago
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Casualty Covid-19 (Coronavirus)

Working from home hard to implement for some businesses during Covid-19

In a briefing last week, Marsh also revealed the four areas that businesses should prioritise during this global outbreak including regular communication with staff...

Global Reinsurance / Article / 15 days ago
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Covid-19 (Coronavirus) Risk Management

Big Question April 2020: Are insurers right to refuse coronavirus business interruption cover?

Coronavirus cases are mounting daily, the death toll is rising and airlines like Flybe as well as retailer Laura Ashley are filing for administration as sales take a nosedive...

Global Reinsurance / Article / 18 days ago
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Law Supply Chain / Business Interruption

SCOR's Exec Committee says “COVID-19 - We in the (re)insurance industry have a leadership role to play now”

In a letter published this week - SCOR's Executive Committee calls upon organisations and individuals to take immediate action to slow down the spread of COVID-19...

Global Reinsurance / Article / 20 days ago
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Covid-19 (Coronavirus) Risk Management

Maiden Holdings announces fourth quarter 2019 and year-end results

Maiden Holdings today reported a fourth quarter of 2019 net loss attributable to Maiden common shareholders of $21.5 million compared to $269.2 million in the fourth quarter of 2018...

Global Reinsurance / Article / 21 days ago
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Financial Results

EIOPA statement on actions to mitigate the impact of Coronavirus/COVID-19 on the EU insurance sector

Insurers are likely to face progressively difficult conditions in the immediate future, both in terms of navigating challenging market conditions and in maintaining operations...

Global Reinsurance / Article / 21 days ago
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Covid-19 (Coronavirus) Risk Management

Vienna Insurance 2019 pre-tax profit up 7%, proposes 15% dividend hike

Vienna Insurance (VIG) VIGR.VI on Tuesday reported a 7.4% increase in 2019 pre-tax profit, helped by solid growth in Poland, the Baltics, Bulgaria and its home market Austria...

Global Reinsurance / Article / 23 days ago
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Financial Results

Aspen Insurance Holdings appoints new group chief financial officer

The new hire succeeds Scott Kirk, who is leaving the firm at the end of April

Global Reinsurance / Article / 23 days ago
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Market Moves

Lloyd’s launches new report on the renewable energy sector

As energy systems change globally to incorporate renewable technologies, opportunities are arising for insurers to innovate products and to support this industry...