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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Insurance firms deny Chevron's $57 million claim for Iran oil seizure - Reuters
Insurance firms deny Chevron's $57 million claim for Iran oil seizure - Reu...
Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Ira...
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Baltimore bridge supply chain insurance losses likely
Baltimore bridge supply chain insurance losses likely
The collapse of the Francis Scott Key Bridge in Baltimore in March could well result in supply chain-rela...
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GenAI: The Double-Edged Sword - Claims Management Magazine
GenAI: The Double-Edged Sword - Claims Management Magazine
In the rapidly evolving landscape of technology, one of the most revolutionary advancements that has gain...
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Social inflation has put severity pressure on loss cost trends over last five years: CNA CEO
Social inflation has put severity pressure on loss cost trends over last fi...
Long-run loss cost trends in the US are at 6.5% as a result. CNA Financial CEO Dino Robusto said that ov...
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Baltimore bridge rebuild expected to cost up to $1.9B - Construction Dive
Baltimore bridge rebuild expected to cost up to $1.9B - Construction Dive
The state of Maryland, which will soon receive a $350 million insurance payment, anticipates the new span...
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Berkshire's Jain on Cyber: ‘The Mindset Should Be You're Not Making Money'
Berkshire's Jain on Cyber: ‘The Mindset Should Be You're Not Making Money'
While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway's head of...
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Property market braces for $200mn+ Dollar Tree loss after direct tornado hit
Property market braces for $200mn+ Dollar Tree loss after direct tornado hi...
Underwriters are expecting losses from the direct tornado hit on the Dollar Tree distribution centre in M...
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