Total Pandemic Losses for P/C Insurers Will Take Years to Determine: Fitch March 10, 2021 By Fitch Ratings Incurred pandemic losses for U.S. property/casualty insurers increased only modestly in fourth quarter of 2020 from earlier quarters in the...
Study: 82% of Georgia Farmers Have Seen Decline in Revenue from Pandemic September 29, 2020 A study conducted by the University of Georgia found that 82% of farmers in the state have seen their revenue...
U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses September 28, 2020 By Tom Sims Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of...
AIG’s Coronavirus Hits Include Travel, Workers’ Comp, Property, Trade Credit Lines August 5, 2020 By Suzanne Barlyn Insurer American International Group Inc. racked up $730 million in COVID-19-related losses during the first half of the year, its...
S&P Pegs Coronavirus Losses at $15-$30B. Chief Risk Officers Think That’s Low. June 9, 2020 By Susanne Sclafane Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the...