Threat of War in Ukraine Biggest Risk for Insurers of Beijing Winter Olympics February 4, 2022 By Noor Zainab Hussain and Carolyn Cohn The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter...
London Turns Into Ghost Town as UK Faces Record-Breaking Wave of COVID Infections December 16, 2021 By Thomas Buckley and Deirdre Hipwell The owner of Parlez, a pub and restaurant in south London, hoped that sales this Christmas would have bounced back...
Britain Launches $1 Billion Reinsurance Scheme to Cover Music Festivals August 6, 2021 By Carolyn Cohn Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events...
Cost of Postponing Tokyo Olympics Could Reach $2.8 Billion December 7, 2020 By Stephen Wade TOKYO – The cost of the postponement for the Tokyo Olympics could reach about $2.8 billion, according to figures released...
Big InsurTech Connect Conference Moves From Vegas to Virtual July 17, 2020 By Mark Hollmer A surge in COVID-19 cases is forcing InsureTech Connect – one of the world’s largest insurance technology conferences – to...
Munich Re Expects Coronavirus-Related Claims in Excess of $1 Billion During 2020 May 7, 2020 Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis...
NCCI Moves Workers’ Compensation Issues Symposium Online for May 12 March 25, 2020 The workers’ compensation rating and information organization National Council on Compensation Insurance (NCCI) said it is converting its Annual Issues...
Olympics’ Postponement Likely to Cost Insurers Much Less than Cancellation March 25, 2020 By Carolyn Cohn and Noor Zainab Hussain Delaying the Olympics is likely to cost insurers much less than canceling the Tokyo Games altogether, with a chance that...
Tokyo Games Delayed to 2021 in 1st Postponement in Olympics’ 124-Year History March 24, 2020 By Sakura Murakami and Karolos Grohmann The Tokyo Olympics were postponed on Tuesday into 2021, the first such delay in the Games’ 124-year modern history, as...
Olympics Organizers Remain Committed to Holding Games, Despite Coronavirus March 18, 2020 By Wout Vergauwen The International Olympic Committee remains committed to holding the Tokyo Olympics this year and is confident steps taken around the...