In this report, we summarize the global loss totals for the first quarter and focus on key issues driving...
Property & business interruption
Questions of causation continued to prove fertile ground for litigation in 2023, both in cases involving damage to property and in a COVID-19 business interruption ("BI") context...
Questions of causation continued to prove fertile ground for litigation in 2023, both in cases involving damage to property and in a COVID-19 business interruption ("BI") context...
Article / 2 months ago
Latin America
The year 2023 has seen a significant rise in production costs and inflation. This increase has directly impacted insurance claims as the costs of repairing...
The year 2023 has seen a significant rise in production costs and inflation. This increase has directly impacted insurance claims as the costs of repairing...
Article / 3 months ago
Hurricane Otis hits Acapulco - the insurance issue
Acapulco, one of the main tourist destinations in Mexico, suffered extensive damage from Hurricane Otis when it struck on Wednesday 25 October 2023....
Acapulco, one of the main tourist destinations in Mexico, suffered extensive damage from Hurricane Otis when it struck on Wednesday 25 October 2023....
Article / 3 months ago
Asia
Despite variations across insurance lines and regions, overall, insurance premium rates remained broadly flat across Asia during Q1-Q3...
Despite variations across insurance lines and regions, overall, insurance premium rates remained broadly flat across Asia during Q1-Q3...
Article / 3 months ago
Australia
In Australia, 2023 was the first 'normal' year since 2019. Public health concerns, however, were replaced by economic pessimism...
In Australia, 2023 was the first 'normal' year since 2019. Public health concerns, however, were replaced by economic pessimism...
Article / 3 months ago
The El Niño year and impact on subsidence claims
Insurers should be bracing for a wave of subsidence claims arising from the increasingly warm weather. The UN's World Meteorological Organization (WMO) has declared that an El...
Insurers should be bracing for a wave of subsidence claims arising from the increasingly warm weather. The UN's World Meteorological Organization (WMO) has declared that an El...
Article / 9 months ago
International Property
In our last Annual Insurance Review we predicted insurers' continued strive towards achieving a low carbon economy and a focus on insurance offerings linked to renewables
In our last Annual Insurance Review we predicted insurers' continued strive towards achieving a low carbon economy and a focus on insurance offerings linked to renewables
Article / 1 year ago
Latin America
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Latin America...
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Latin America...
Article / 1 year ago
Australia
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Australia...
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Australia...
Article / 1 year ago
Municipio de Mariana-v-BHP – the evolution of environmental group litigation in the English courts
Earlier this month, the Court of Appeal handed down its much-awaited decision in Municipio de Mariana -v- BHP . This was an appeal by over 200,000 Brazilian claimants...
Earlier this month, the Court of Appeal handed down its much-awaited decision in Municipio de Mariana -v- BHP . This was an appeal by over 200,000 Brazilian claimants...
Article / 2 years ago