The coronavirus pandemic has forced global insurer Chubb’s net income to plunge, and in the second quarter, fall to a...
coronavirus losses News
For W.R. Berkley Corp. and most other workers’ compensation carriers, rates have declined for some time. That trend could start...
Larger investment losses and COVID-19 took a substantial bite out of W.R. Berkley’s 2019 second-quarter net income, but the specialty...
The coronavirus outbreak has had an adverse, but manageable, impact on the European insurance sector, leading to a drop in...
W.R. Berkley Corp. cautioned that its 2020 second quarter pretax catastrophe losses will reach $145 million, with more than half...
Chubb’s disclosure of second quarter 2020 global net catastrophe losses underscores the damage COVID-19 is doing to some carriers’ bottom...
U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses...
Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the...
U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to...
While reinsurers are “open for business” and insurers and reinsurers are reporting the impacts of COVID-19 as a one-off catastrophe...