After Australia’s 2019 Floods, Insurers Begin to Bail, Banks Keep Lending March 16, 2020 By Swati Pandey, Carolyn Cohn and Simon Jessop Only a year after losing their homes to floods in parts of Australia’s north eastern coast of Queensland, people are...
PERILS to Include Australian Motor in Industry Catastrophe Exposure Update March 16, 2020 PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced it will extend its line of business reporting...
Europe’s Soccer Clubs May Face $1B Bill if Coronavirus Forces Season Cancellation March 16, 2020 By David Hellier and Thomas Seal If the coronavirus forces Europe’s soccer leagues to cancel the rest of the season, TV networks may be able to...
Lloyd’s Market Association to Close Office in Response to COVID-19 March 13, 2020 The Lloyd’s Market Association (LMA) is closing its office from Tuesday March 17 until the end of March in response...
VW Launches Software It Hopes Will Make Car Accidents Obsolete by 2050 March 13, 2020 Volkswagen will launch a new software operating system this year that it hopes will make accidents involving its cars a...
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...