Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have...
coronavirus business interruption News
A federal court has received notice that 101 lawsuits have been filed as of Wednesday seeking coverage from insurers for...
British insurer Aviva expects 160 million pounds ($195 million) in claims related to the coronavirus pandemic and weaker second quarter...
Zurich Insurance estimates that the overall property and casualty (P&C) claims from the COVID-19 pandemic will be in the region...
Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and...
While insurance rates have risen for nine consecutive quarters due to large catastrophe losses and accelerating claims inflation, Fitch Ratings...
National governments must help provide insurance cover for future lockdowns, the industry’s European Union regulator said on Monday, as the...
Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July,...
If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole...
Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk,...