Claims & Losses
Claims & Losses
News, insights and thought leadership for re/insurance professionals with an interest in claims and losses.

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FCA Test Case Information

FCA Test Case Information

We have reviewed the clauses contained within policies that include non-damage business interruption cover in light of the High Court’s decision in Corbin & King v Axa in February 2022...
We have reviewed the clauses contained within policies that include non-damage business interruption cover in light of the High Court’s decision in Corbin & King v Axa in February 2022...
Article / 2 years ago

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Reinsurance hit anticipated as Dubai flooding impact emerges
Reinsurance hit anticipated as Dubai flooding impact emerges
Insurers in the emirate typically buy low-attaching reinsurance....
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Vessel build up following Baltimore Bridge collapse
Vessel build up following Baltimore Bridge collapse
Nick Evans, Insurwave’s Head of Product, comments on the build-up of vessels following the Baltimore Brid...
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Q1 2024 Gallagher Re Natural Catastrophe and Climate Report
Q1 2024 Gallagher Re Natural Catastrophe and Climate Report
In this report, we summarize the global loss totals for the first quarter and focus on key issues driving...
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AI Class Action Lawsuit Knocks on California Court's Door - CLM
AI Class Action Lawsuit Knocks on California Court's Door - CLM
Plaintiffs allege insurer uses AI to instantly reject claims...
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Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property insurers see 'alarming' losses as risk models lag, report s...
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastroph...
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UK insurer arranged $5m ransom for MV Abdullah - The Business Standard
UK insurer arranged $5m ransom for MV Abdullah - The Business Standard
No money laundering involved, says KSRM
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Global insured losses from natural catastrophes in Q1 2024 estimated at $20 billion
Global insured losses from natural catastrophes in Q1 2024 estimated at $20...
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
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China natural disasters cost $3.3 billion in first quarter, government says - SaltWire
China natural disasters cost $3.3 billion in first quarter, government says...
The emergency management ministry cited damage from several cold spells, a 7.1 magnitude earthquake in th...
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Reinsurance Market Dynamics: April 2024
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
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