Low Rate of Flood Insurance Cover Spells Danger as Climate Crisis Deepens September 2, 2022 By Noor Zainab Hussain and Carolyn Cohn Insured losses from floods doubled to $80 billion globally during 2011-2020 compared to the previous decade, while insurance penetration lingered...
Update: Zurich Reports 25% Increase in H1 Operating Profit, Beating Expectations August 11, 2022 By Maria Sheahan and Carolyn Cohn Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the...
UK Insurer Aviva Posts 14% Rise in H1 Operating Profit August 11, 2022 By Carolyn Cohn Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in...
Admiral Sees Cost of Motor Claims Running High in Britain and U.S. August 10, 2022 By Carolyn Cohn and Huw Jones The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said...
London Insurance Sector Readies $50M Ukraine Grain Cargo Cover August 4, 2022 By Jonathan Saul and Carolyn Cohn The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may...
Lloyd’s Insurer Hiscox to Provide Insurance for Ukraine Grain Shipments August 3, 2022 By Carolyn Cohn Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its...
UK Motor Insurer Direct Line to Raise Premiums After H1 Profit Hit August 2, 2022 By Carolyn Cohn British motor insurer Direct Line is raising premiums after higher claims hit its first-half profits, as the company feels the...
Lloyd’s of London’s Ascot, Marsh Provide Insurance for Ukraine Sea Corridor July 29, 2022 By Carolyn Cohn Lloyd’s of London insurer Ascot and broker Marsh on Friday launched marine cargo and war insurance for grain and food...
Lloyd’s Insurers Preparing to Cover Ukraine Grain July 27, 2022 By Carolyn Cohn Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to...
Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings July 26, 2022 By Carolyn Cohn and Christoph Steitz European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance...