The first UK court ruling on the reinsurance of Covid-19 losses has confirmed coverage under excess...
Catastrophes, inflation key factors for Japan's nonlife insurers in FY'23
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers' earnings in fiscal year 2023, though the effects of inflation are...
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers' earnings in fiscal year 2023, though the effects of inflation are...
Article / 1 year ago
Further disputes expected after latest round in UK COVID-19 claims battle
High Court Judge Justice Christopher Butcher's latest COVID-19 business interruption verdicts have left policyholders and insurers with some work to...
High Court Judge Justice Christopher Butcher's latest COVID-19 business interruption verdicts have left policyholders and insurers with some work to...
Article / 1 year ago
IN/sights: Outlook & Trends for U.S. Insurers 2022
Amid rising inflation, geopolitical tensions and the lingering effects of the COVID-19 pandemic, U.S. insurers face several new challenges to navigate throughout the year...
Amid rising inflation, geopolitical tensions and the lingering effects of the COVID-19 pandemic, U.S. insurers face several new challenges to navigate throughout the year...
Article / 2 years ago
Receivership roll call, 2021
A total of 11 U.S. insurance companies were placed into liquidation in 2021, while another four went into rehabilitation...
A total of 11 U.S. insurance companies were placed into liquidation in 2021, while another four went into rehabilitation...
Article / 2 years ago
Omicron hinders US workforce; effects will linger for months
The first monthly decline in U.S. jobs in over a year is possible in January as the number of workers out sick reaches new highs...
The first monthly decline in U.S. jobs in over a year is possible in January as the number of workers out sick reaches new highs...
Article / 2 years ago
Insurance for systemic risks creates security 'illusion' – Zurich exec
Zurich Insurance Group's top risk officer, Peter Giger, said the dividing line between insurable and uninsurable risks is sometimes unclear...
Zurich Insurance Group's top risk officer, Peter Giger, said the dividing line between insurable and uninsurable risks is sometimes unclear...
Article / 2 years ago
Omicron variant, inflation talk put damper on insurance stocks, broader market
The S&P 500 declined 1.22% to 4,538.43 for the week ending Dec. 3, while the S&P 500 Insurance index shed 1.43% to close at 524.20...
The S&P 500 declined 1.22% to 4,538.43 for the week ending Dec. 3, while the S&P 500 Insurance index shed 1.43% to close at 524.20...
Article / 2 years ago
Insurers' COVID-19 claims battle far from over in UK as big cases loom
Insurers may have to wait several years to get clarity on their final claims bill, which could be higher than insurers envisaged if policyholders prevail in court...
Insurers may have to wait several years to get clarity on their final claims bill, which could be higher than insurers envisaged if policyholders prevail in court...
Article / 2 years ago
European insurers face challenging 2022 in pandemic's wake
Insurers produced better results in 2020 than 2019 despite pandemic headwinds, but fortunes could turn starting in 2022 as increasing claims frequency...
Insurers produced better results in 2020 than 2019 despite pandemic headwinds, but fortunes could turn starting in 2022 as increasing claims frequency...
Article / 2 years ago
Minimizing Supply Chain Risk at a Large Online Retailer
This large online retailer deals with thousands of suppliers around the world. To mitigate potential risks, the sustainability group was asked to help the supply chain management...
This large online retailer deals with thousands of suppliers around the world. To mitigate potential risks, the sustainability group was asked to help the supply chain management...
Article / 2 years ago