Italian Companies, Including Generali, to Provide Funds for Coronavirus Crisis March 13, 2020 Italy’s biggest insurer, Generali, on Friday joined a growing number of companies that have rushed to provide funds to hospitals...
Coronavirus Drives Patients to Online Doctors, Spurring Telemedicine Sector March 13, 2020 By Helene Fouquet The new coronavirus that’s forcing lockdowns and roiling economies is spurring a silent revolution in the field of telemedicine. As...
Italy’s Generali Posts Record Operating Result for 2019 March 13, 2020 By Gianluca Semeraro Italy’s biggest insurer Assicurazioni Generali confirmed all its targets through 2021 on Friday, after posting a record operating result for...
Oman Insurance Considers Making Bid for AXA’s Middle East Operations March 13, 2020 By Dinesh Nair and Nicolas Parasie Oman Insurance Co. PSC is considering making a bid for the Middle Eastern operations of French insurer AXA SA, according...
Update March 12: Insurance Conferences Canceled, Postponed, Going Virtual March 12, 2020 The roster of insurance-related conferences being canceled, postponed or moved to virtual due to the coronavirus threat keeps changing. Here...
Lloyd’s to Shut London Building for Coronavirus Stress-Test – But Trading Will Continue March 12, 2020 By L.S. Howard Lloyd’s is shutting its London underwriting room at 1 Lime Street for one day for a contingency planning exercise in...
Swiss Re Launches Digital Market Center Supported by Microsoft Data Analytics, AI Tools March 12, 2020 Swiss Re has formed a strategic alliance with Microsoft Corp., which is providing digital tools to support Swiss Re’s new...
China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining March 12, 2020 By Sumeet Chatterjee and Cheng Leng Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak...
Insurers Face Big Investment Losses, Trade Credit Claims from Coronavirus Crisis March 12, 2020 By Carolyn Cohn Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a...
Coronavirus Likely to Trigger Pandemic Bond Payouts to Poor Countries March 11, 2020 By Tasos Vossos The severity of the global coronavirus epidemic has reached levels almost certain to trigger a financial instrument sold by the...