Aircraft Lessors Face Legal Quagmire on Russia Jet Repos. Will Insurers Provide Relief? March 11, 2022 By Tim Hepher, Engen Tham and Carolyn Cohn Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from...
London Halts Stocks, Trade Insurers Withdraw Cover as Isolation of Russia Intensifies March 4, 2022 By Lawrence White and Carolyn Cohn Russia’s global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian securities...
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7 Billion February 10, 2022 By Carolyn Cohn and Paul Arnold Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday,...
Threat of War in Ukraine Biggest Risk for Insurers of Beijing Winter Olympics February 4, 2022 By Noor Zainab Hussain and Carolyn Cohn The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter...
UK Hospitality Groups Are Back in Court With Insurers Over Lockdown Losses January 21, 2022 By Kirstin Ridley and Carolyn Cohn Some of the world’s biggest insurers are bracing as a second wave of multi-million-pound lawsuits, brought by struggling British pubs,...
Global Life Insurers Adapt Pandemic Risk Models After Unexpected Jump in Claims January 13, 2022 By Carolyn Cohn and Noor Zainab Hussain A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the...
Tornadoes Have Pushed Insurers’ Weather Claims Above $105B for 2021 December 21, 2021 By Noor Zainab Hussain and Carolyn Cohn Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry’s 2021 bill for...
M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic December 20, 2021 By Carolyn Cohn The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said,...
British Insurer LV= Rejects Bain Takeover Bid; Royal London Wants to Talk December 10, 2021 By Pushkala Aripaka and Carolyn Cohn British mutual life insurer LV= on Friday abandoned a proposed 530 million pound ($701 million) takeover by private equity giant...
M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic December 10, 2021 By Carolyn Cohn The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said,...