British Insurers Suspend Sale of Travel Insurance to New Customers March 16, 2020 British insurers Admiral, Aviva and Direct Line are no longer offering travel insurance to new customers, they said on their...
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...
China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining March 12, 2020 By Sumeet Chatterjee and Cheng Leng Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak...
Insurers Face Big Investment Losses, Trade Credit Claims from Coronavirus Crisis March 12, 2020 By Carolyn Cohn Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a...
Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus March 3, 2020 The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S....
Hong Kong Insurers Say Sales Have Fallen to ‘Almost Nothing’ Due to Coronavirus February 6, 2020 For Hong Kong insurers, the coronavirus outbreak is a second blow. Already reeling from at-times violent demonstrations that slowed the...
Best’s See Limited Non-Life Insurance Losses in China From Coronavirus Epidemic February 4, 2020 Rating firm AM Best said it expects that China’s non-life insurance market will experience limited losses from the ongoing coronavirus...