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...
EU Begins to Tackle Cyber Warfare with Targeted Sanctions July 31, 2020 By Natalia Drozdiak, Birgit Jennen and Nikos Chrysoloras Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North...
S. Africa Insurers’ COVID-19 Payments May Be Too Little, Too Late, for Some Businesses July 31, 2020 By Emma Rumney and Joe Bavier South African small businesses fighting rejected coronavirus-related claims said insurers’ offers of relief are too little too late for many...
Swiss Re Confirms H1 Loss of $1.1B with Combined Ratio of 115.8% July 31, 2020 Reinsurance company Swiss Re said on Friday the $2.5 billion in claims and reserves related to COVID-19 that it booked...