Many Insurance Policies Bought by Small UK Firms Don’t Cover Pandemic: Regulator April 15, 2020 By Huw Jones and Carolyn Cohn Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that...
Suddenly There Is Big Demand for Pandemic Cover, Says Underwriter April 14, 2020 By L.S. Howard In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...
Wimbledon Shows How Pandemic Insurance Could Become Vital for Sports, Other Events April 13, 2020 By L.S. Howard The Wimbledon tennis tournament had the foresight to buy around £1.5 million (US$1.9 million) per year in pandemic insurance following...
Thai Insurer’s Coronavirus Cover Draws ‘Overwhelming’ Demand April 6, 2020 By Anuchit Nguyen The founder of one of the world’s best-performing insurance firms this year never imagined its policies to cover illness from...
This Insurance Would Have Helped in Coronavirus Crisis But Nobody Bought It April 3, 2020 By Russ Banham Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay...
Commentary: Does Business Income Insurance Cover Coronavirus Shutdowns? March 24, 2020 By Bill Wilson On March 16, a lawsuit was filed in district court in New Orleans seeking a declaratory judgment about whether the...
Global Insurers Face Hefty Claims If Coronavirus Forces Olympics Cancellation February 28, 2020 By Noor Zainab Hussain and Carolyn Cohn Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates...
Coronavirus Raises Insurance Questions But Catastrophe-Tested Insurers Are Prepared February 20, 2020 By Elizabeth Blosfield As the coronavirus outbreak continues to cause concern around the globe, the insurance industry is facing a potentially far-reaching impact...
Coronavirus Leads Companies with Supply Chain Disruptions to Invoke ‘Force Majeure’ February 13, 2020 By Jan Wolfe With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies...
Insurers Rush to Exclude Coronavirus Epidemic from Event-Cancellation Protection February 13, 2020 By Carolyn Cohn and Noor Zainab Hussain Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the...