Insurers Using Counter-Intuitive Arguments to Escape COVID Liabilities: UK Regulator November 18, 2020 By Kirstin Ridley and Carolyn Cohn Insurers are trying to escape liability for pandemic-related business losses with counter-intuitive arguments that go against the essential purpose of...
Specialty Re/Insurer Convex Group Raises $1B in Additional Capital November 17, 2020 Specialty insurer and reinsurer Convex Group Ltd. announced it has secured commitments for an additional $1.0 billion of equity capital,...
Flexible Work Could Boost Applications from Women for Senior Roles by 20%: Zurich November 17, 2020 Employers that embrace flexible working after the COVID-19 pandemic could boost applications from women for top jobs by as much...
Is the Aviation Insurance Market Ready for a COVID-19 Vaccine? November 17, 2020 By James Jordan and Paul Woodley As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need...
Swiss Re Names Kitsikis as Head of Client Markets P&C for Canada, English Caribbean November 17, 2020 Swiss Re announced the appointment of Agis Kitsikis as head of Client Markets P&C for Canada and English Caribbean, effective...
Ten Largest Insurance Markets Likely to See 4.5% Drop in GDP During 2020 November 17, 2020 The world’s 10 largest insurance markets are cumulatively expected to see their gross domestic product (GDP) decrease by 4.5% in...
Most Powerful Atlantic Hurricane of 2020 Hits Central America November 17, 2020 By Brian K. Sullivan Hurricane Iota slammed into Central America late Monday with ferocious winds and rain, threatening to cripple a region already reeling...
Canada’s Banks, Insurers to Participate in Pilot Climate Risk Project November 17, 2020 Some of Canada’s largest banks and insurers are set to participate in a pilot project to better understand the risks...
World Encouraged by Moderna, Pfizer Vaccines’ Success in Trials November 16, 2020 By Julie Steenhuysen and Michael Erman Moderna Inc.’s experimental vaccine is 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial, the company...
3 Typhoons in 3 Weeks Kill 100-Plus People in Philippines, Causing Damages of $518.5M November 16, 2020 By Ditas Lopez Three strong typhoons over the past three weeks have killed more than 100 people in the Philippines and damaged farms...