German reinsurance group Munich Re posted a 42% decline in second-quarter net profit, with around 700 million euros ($832 million)...
coronavirus insurance impact News
AXA SA’s profit sank in the first half as it booked a 1.5 billion-euro ($1.8 billion) charge for claims related...
Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face...
Bicycle insurance is not a popular product in the UK – but that could be about to change, said GlobalData,...
South African small businesses fighting rejected coronavirus-related claims said insurers’ offers of relief are too little too late for many...
Insurers in the European Union are confronted with risks on several fronts that are intensified by the COVID-19 pandemic, and...
South African insurers are bowing to demands for the payment of losses that businesses suffered during the nation’s lockdown. Momentum...
Florida’s state-run insurer Citizens Property Insurance Corp. will extend its moratorium on cancellations and nonrenewals until the end of 2020...
South Africa’s largest property and casualty insurer will pay as much as one billion rand ($60 million) in relief to...
British insurer Beazley swung to a loss for the first half on Thursday after setting aside $170 million for coronavirus-related...