Europe Faces Sweltering Summer with Below-Average Rainfall: Scientists May 18, 2020 By Jonathan Tirone Europe is set for a sweltering and tinder dry summer this year, posing trouble for farmers, utilities and transportation on...
Italy to Protect Businesses from Liability if Workers Catch Coronavirus: News Report May 18, 2020 By Ross Larsen Italian businesses that follow the health and safety rules are protected from liability in case returning workers catch coronavirus, the...
Cyber Underwriting Firm Envelop Risk Raises $6 Million in Funding May 15, 2020 Envelop Risk, the UK cyber underwriting and risk analytics business, announced a Series A investment of approximately $6 million. The...
AXA’s Wattez-Richard Receives 1st Geneva Association Women-in-Insurance Award May 15, 2020 The first annual Geneva Association Women in Insurance Award has been presented to Garance Wattez-Richard, CEO of AXA Emerging Customers,...
UK Regulator Announces Pandemic Relief Measures for Insurance Customers May 15, 2020 The Financial Conduct Authority (FCA) announced a set of measures to help insurance customers who may be suffering financial difficulties...
U.S. Issues Maritime Advisory on Sanctions for Ship Owners, Insurers May 15, 2020 By Timothy Gardner, Jonathan Saul and Humeyra Pamuk WASHINGTON/LONDON (Reuters) – The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of...
Typhoon Vongfong Tests Philippines’ Ability to Protect Evacuees from Coronavirus May 15, 2020 By Andreo Calonzo Typhoon Vongfong forced more than 150,000 people in the Philippines to leave their homes, risking coronavirus infection as they move...
Generali and Insurtech Descartes Underwriting to Develop Parametric Insurance Cover May 15, 2020 Generali’s P&C unit Global Corporate & Commercial (GC&C) and insurtech company Descartes Underwriting have formed a strategic partnership to develop...
AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor May 15, 2020 AXA and French hotel group Accor have formed a strategic partnership to provide medical support to guests staying at Accor’s...
Zurich Insurance Estimates Coronavirus Pandemic Claims to Hit $750 Million for 2020 May 14, 2020 By L.S. Howard Zurich Insurance estimates that the overall property and casualty (P&C) claims from the COVID-19 pandemic will be in the region...