Catastrophe excess of loss reinsurance contracts “never anticipated an event like a pandemic,” but cedents can still expect compromises from...
event cancellation insurance News
TOKYO – The head of Japan’s Olympics organizing committee ruled out on Thursday another suspension of the Games, despite deep...
German reinsurance group Munich Re will no longer insure against events canceled due to pandemics, a board member said on...
Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums –...
Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis...
Diverging from strategies of some competitors, Markel Corp. established a big reserve for a chunk of its potential COVID-19 exposure...
Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus...
Britain’s competition regulator said it has opened investigations into thousands of complaints about companies refusing to pay refunds for canceled...
In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...
The Wimbledon tennis tournament had the foresight to buy around £1.5 million (US$1.9 million) per year in pandemic insurance following...