London wholesaler Miller has raided Ardonagh Specialty’s Price Forbes for a nine-person casualty unit led...
UAE floods set to cause “sizeable influx” of local claims with ri recoveries to limit impact on domestic market
A “sizeable influx” of local insurance claims is expected in the UAE and Oman on the back of record rainfall in the region,...
A “sizeable influx” of local insurance claims is expected in the UAE and Oman on the back of record rainfall in the region,...
Article / 7 days ago
Taiwan quake: a reminder of the major BI risk in the semiconductor supply chain…
Rescue efforts are continuing in Taiwan after the country suffered its strongest earthquake in 25 years while people headed to work and school early on Wednesday....
Rescue efforts are continuing in Taiwan after the country suffered its strongest earthquake in 25 years while people headed to work and school early on Wednesday....
Article / 21 days ago
MS Amlin “re-engaging with reinsurers” over Covid settlements
MS Amlin has revealed it is now “re-engaging” with the reinsurers of Syndicate 2001 over Covid-19 BI recoveries following the settlement of the long-running...
MS Amlin has revealed it is now “re-engaging” with the reinsurers of Syndicate 2001 over Covid-19 BI recoveries following the settlement of the long-running...
Article / 28 days ago
Insurers settle Tottenham Hotspur BI dispute ahead of London trial
A coalition of UK insurers has settled a long-running legal dispute with Premier League football club Tottenham Hotspur over the payment of claims...
A coalition of UK insurers has settled a long-running legal dispute with Premier League football club Tottenham Hotspur over the payment of claims...
Article / 28 days ago
No limits to creative interpretation? Thoughts on Various Eateries and Gatwick Investment
Mark Pring, partner at Reed Smith, takes a deep dive into two of the most recent UK rulings in the Covid-19 BI litigation saga and...
Mark Pring, partner at Reed Smith, takes a deep dive into two of the most recent UK rulings in the Covid-19 BI litigation saga and...
Article / 30 days ago
Policyholders snatch partial victory in Liberty BI test case
Policyholders have claimed partial victory in an important business interruption test case which found insurer Liberty Mutual was liable to pay a...
Policyholders have claimed partial victory in an important business interruption test case which found insurer Liberty Mutual was liable to pay a...
Article / 3 months ago
Hapag-Lloyd's Saudi Arabia land corridors unlikely to impact Red Sea rates
German shipping group Hapag-Lloyd's introduction of land transit corridors through Saudi Arabia is unlikely to have any significant impact on rates or trade flows,...
German shipping group Hapag-Lloyd's introduction of land transit corridors through Saudi Arabia is unlikely to have any significant impact on rates or trade flows,...
Article / 3 months ago
Doyle: Marsh McLennan exploring Ukraine air travel facility
Marsh McLennan is looking to apply the framework of the Unity grain facility to help facilitate the reopening of an airport in Ukraine to encourage...
Marsh McLennan is looking to apply the framework of the Unity grain facility to help facilitate the reopening of an airport in Ukraine to encourage...
Article / 3 months ago
UK court rejects Allianz and Various Eateries appeals in £16.5mn BI suit
The UK's Court of Appeal has rejected rival bids from Allianz and restaurant operator Various Eateries in a much-anticipated Covid-19 business...
The UK's Court of Appeal has rejected rival bids from Allianz and restaurant operator Various Eateries in a much-anticipated Covid-19 business...
Article / 3 months ago
Insurers hit with £13.5mn+ in BI claims from action groups
The UK units of Allianz and HDI Global have been hit by a fresh wave of business interruption-related lawsuits filed by multiple SME owners seeking more than £13.5mn in payouts for...
The UK units of Allianz and HDI Global have been hit by a fresh wave of business interruption-related lawsuits filed by multiple SME owners seeking more than £13.5mn in payouts for...
Article / 3 months ago