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Updated: 55 min 27 sec ago

Hiscox Action Group says refusing to pay COVID-19 BI claims 'disgraceful' as it prepares for legal battle

27 April, 2020 - 13:26
A group of over 200 claimants have vowed to force Hiscox to pay disputed business interruption claims related to COVID-19.

UK insurers' COVID-19 payouts set to top £1.2bn excluding Lloyd’s and London Market: ABI

27 April, 2020 - 10:54
ABI members expect to pay £900m in business interruption claims, even though most policyholders are not covered for pandemic losses.

Brit Global Specialty USA expands programmes business with Hartford hire

27 April, 2020 - 10:12
The appointee was most recently COO and head of distribution at Maxum Specialty.

Berkley One expands US footprint

27 April, 2020 - 09:44
Georgia and Rhode Island are the newest states in Berkley One’s portfolio.

Tokio Marine unveils new cyber insurance partnership

27 April, 2020 - 09:36
The partnership will allow homeowner insurance carriers to offer a single, comprehensive personal cyber solution.

China's Ping An expands financial services footprint

27 April, 2020 - 09:15
Its new tech-enabled finance company is powered by artificial intelligence (AI), blockchain and cloud computing.

Pioneer Underwriters to merge with K2 Insurance Services

27 April, 2020 - 08:58
The acquisition is a part of K2's international expansion strategy.

COVID-19 could be 'most costly' event for insurers with losses reaching $60bn

24 April, 2020 - 15:11
Experts suggest business interruption and trade credit are likely to drive material market losses.

New Lloyd's coverholder Leadenhall Asia to begin trading in Hong Kong

24 April, 2020 - 14:45
The MGA is led by former XL Catlin Asia management Jason Smith and Kin Lau.

COVID-19 to have knock-on effect on insurance; emerging economies to suffer worst blow

24 April, 2020 - 14:16
Mapfre warns of the 'worst economic crises' in a major turnaround from its earlier projections.

Rendez-Vous de Septembre makes significant donation to speed vaccine for COVID-19

24 April, 2020 - 13:41
The announcement was made as they also cancelled the 2020 event due to the ongoing COVID-19 pandemic.

Fitch says SCOR's COVID-19 losses 'manageable' and capital 'very strong'

24 April, 2020 - 13:38
COVID-19 related losses to be one-off and manageable for SCOR, but weaker profitability is expected until the end of 2021.

Everest Insurance changes commercial casualty leadership

24 April, 2020 - 13:38
The insurer has appointed new leaders for the US Northeast, South, Midwest, and Southwest regions.

AXA director and former Swiss Re CEO Stefan Lippe passes

24 April, 2020 - 13:37
AXA's Buberl said he made 'many instrumental and decisive contributions' to the group during his 8 years on the board.

Monte Carlo Rendez-Vous cancelled amid COVID-19 fears

24 April, 2020 - 13:19
The reinsurance industry’s biggest conference has been cancelled due to the ongoing COVID-19 pandemic.

Everest Re 'resilient' despite $150m Q1 COVID-19 losses

24 April, 2020 - 12:02
CEO Juan Andrade says 'capital position remains a source of strength' during the pandemic.

Transverse Insurance Group secures AM Best ratings

24 April, 2020 - 10:43
The ratings reflect the group’s balance sheet strength, which AM Best categorises as very strong.

Watford expects revenue hit from COVID-19 induced market volatility

24 April, 2020 - 09:13
The re/insurer's first quarter earnings will include a net investment loss of $265m.

Randall & Quilter strikes loss portfolio transfer deal with Amerco-owned Repwest

24 April, 2020 - 09:09
Aon served as the reinsurance broker for the transaction.

Willis Towers Watson reveals leadership change in Singapore and South Asia

24 April, 2020 - 08:36
WTW seeks to strengthen its portfolio of businesses and drive profitable growth in this key market.


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