Ukraine Insurance Pricier, Harder to Organize Than During Iraq War: Sources October 21, 2022 By Carolyn Cohn and Noor Zainab Hussain Insurance for humanitarian workers, journalists, engineers and others heading to Ukraine is now more expensive and harder to organize than...
AXIS to Stop Insuring Energy, Mining Without Backing of Indigenous Communities October 17, 2022 By Noor Zainab Hussain and Simon Jessop Reinsurer AXIS Capital said it would refuse to underwrite energy, mining and other projects that did not have the backing...
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...
Lloyd’s Insurer Ascot, Marsh Provide Coverage for Grain Ship Sailing From Ukraine August 23, 2022 By Noor Zainab Hussain Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain...
Mass Shooting Insurance Rates Jump as Incidents Rise July 18, 2022 By Noor Zainab Hussain The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year...
Mass Shooting Insurance Rates Jump as Incidents Rise June 29, 2022 By Noor Zainab Hussain The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year...
Insurer Travelers’ Profit Beats on Lower Catastrophe Losses April 19, 2022 By Noor Zainab Hussain Property and casualty insurer Travelers Companies Inc. reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday,...
AIG Looks at Cutting Insurance for Russia, Ukraine April 8, 2022 By Noor Zainab Hussain and Carolyn Cohn AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from...
Analysis – Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions March 31, 2022 By Carolyn Cohn and Noor Zainab Hussain Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to...
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...