It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses October 30, 2020 By L.S. Howard The world’s property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the...
Reinsurers’ Investment Strategies Offer Buffer for Low Interest Rates, Pandemic: S&P October 30, 2020 By L.S. Howard A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more...
The Coronavirus Pandemic and The Great Workplace Debate: Viewpoint October 30, 2020 By John Kemp, Reuters Columnist Decisions on where and how to work are embodied in trillions of dollars of investment worldwide, including the siting of...
WHO to Form COVID Insurance Scheme for Vaccine Side-Effects in Poor Nations October 29, 2020 By Francesco Guarascio BRUSSELS – A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in...
New Storm Takes Aim at Philippines, Just Days After Devastation of Typhoon Molave October 29, 2020 By Cecilia Yap The Philippines is bracing for a new storm that will hit the Southeast Asian nation this weekend, days after Typhoon...
Typhoon Molave Slams Vietnam, Killing at Least 16: News Report October 29, 2020 By Mai Ngoc Chau Typhoon Molave hit Vietnam’s central coastline and northern Central Highlands with winds of up to 133 kilometers per hour on...
James River Names Former Allied World Executive D’Orazio as CEO, Succeeding Abram October 29, 2020 James River Group Holdings Ltd. announced that Frank D’Orazio has been named chief executive officer of the company, effective Nov....
Facebook Faces UK Legal Action Involving Cambridge Analytica Scandal October 29, 2020 By Stephanie Bodoni Facebook Inc. risks being dragged into a UK legal dispute involving almost 1 million British users affected by the Cambridge...
More Firms Need to Disclose Potential Financial Hit from Climate Change: Regulator October 29, 2020 By Huw Jones Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider...
Q3 Insurtech Fundraising Breaks Records, but Some Mid-Tier Firms See Funding Gap October 28, 2020 Insurtech funding saw the largest number of deals and the highest amount of funding since data recording into insurtech began,...