COVID-19 Will Drive Demand in UK for Bike Insurance: GlobalData August 3, 2020 Bicycle insurance is not a popular product in the UK – but that could be about to change, said GlobalData,...
Krefta, CEO of Hiscox Re & ILS, to Exit Hiscox to Pursue Interests Outside of Insurance August 3, 2020 Hiscox, the global specialist insurer, announced that Mike Krefta has decided to return to the UK in early 2021, having...
Insurer Hiscox Reserves $232 Million for Coronavirus-Related Claims in First Half August 3, 2020 By Muvija M and Carolyn Cohn Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the...
AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine August 3, 2020 By Ludwig Burger and Pushkala Aripaka AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the...
Berkshire Hathaway Specialty Names Property Leadership in Middle East and Asia August 3, 2020 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has appointed Kapil Palathinkal as head of First Party Lines, Middle East,...
Travelers Europe Enhances CyberRisk Product for UK and Ireland August 3, 2020 Travelers Europe announced it has enhanced its cyber insurance product, Travelers CyberRisk, to provide more coverages and risk management solutions...
Italian Insurer Cattolica Paves Way for Tie-Up with Generali July 31, 2020 Shareholders in Italian cooperative insurer Cattolica Assicurazioni approved its conversion into a joint-stock company on Friday, paving the way to...
Lloyd’s Launches Culture Dashboard, Sets Gender Target for Market July 31, 2020 The Lloyd’s re/insurance market has launched a Culture Dashboard and has set a gender target for the market supported by...
COVID-19 Couldn’t Stop Robust Quarter for ILS Issuance: Aon July 31, 2020 Usage of insurance linked securities the first six months of 2020 is already 20% higher than all of 2019, underscoring...
Canadian Life Insurers to See Double-Digit Profit Drop in Q2 on COVID-19 Impact July 31, 2020 By Nichola Saminather Canadian life insurers are set to see double-digit earnings decreases in the second quarter as the pandemic-induced economic slowdown has...