Aviation Sector Carries Biggest Risk of Corporate Default from Pandemic: Gallagher August 4, 2020 The aviation sector carries the biggest risk of corporate default as a result of the coronavirus pandemic, according to a...
UK Regulator Warns Insurers to Fairly Calculate COVID-Related Biz Interruption Claims August 4, 2020 Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face...
EXOR and Covéa ‘Normalize’ Relations After Failed PartnerRe Deal August 4, 2020 Italy’s EXOR said on Monday that French insurer Covéa had agreed to invest a total of 1.5 billion euros ($1.8...
Hamilton Re CEO Reardon Exits with Brown Named Interim CEO August 3, 2020 Hamilton Insurance Group Ltd. announced that David Brown has been appointed interim CEO of Hamilton Re Ltd. It was also...
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...