'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
Sport bans add another potential source of Russia-related insurance claims
Scott Schachter, Northeast entertainment leader at Risk Strategies, does not expect sports bans against Russia to hit insurers nearly as hard as cancellations related to the COVID-19 pandemic...
Scott Schachter, Northeast entertainment leader at Risk Strategies, does not expect sports bans against Russia to hit insurers nearly as hard as cancellations related to the COVID-19 pandemic...
Article / 2 years ago
European reinsurers' COVID-19 bill triples as biz, life claims start to emerge
More detail was revealed about the big four European reinsurers' coronavirus exposures in the second quarter, but more claims are on the way and the size of the ultimate bill is still unclear...
More detail was revealed about the big four European reinsurers' coronavirus exposures in the second quarter, but more claims are on the way and the size of the ultimate bill is still unclear...
Article / 4 years ago
Physical damage from pandemic hard for pro sports teams to prove
Lawsuits filed by the NBA's Houston Rockets and a number of minor league baseball teams argue that loss of use from COVID-related closures should be covered by their...
Lawsuits filed by the NBA's Houston Rockets and a number of minor league baseball teams argue that loss of use from COVID-related closures should be covered by their...
Article / 4 years ago
Brokers warn of big coronavirus hit to event insurance market
A number of events have already been canceled because of the new coronavirus outbreak, and insurers are now excluding coverage to limit their exposure...
A number of events have already been canceled because of the new coronavirus outbreak, and insurers are now excluding coverage to limit their exposure...
Article / 4 years ago