Total Return Reinsurers Underperform Traditional Bermuda Reinsurers: AM Best August 31, 2020 Although total return reinsurers, which like to take more risk on the investment side of their balance sheets than other...
Insured Loss for UK’s February Floods Estimated at £375 Million August 31, 2020 The updated estimate of the insured property market loss for floods that hit February 9 to 29, 2020, across the...
Why Damage from Hurricanes Keeps Rising August 28, 2020 A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion dollar...
Insured Pandemic Losses ‘Manageable’ as Earnings’ Event, Not a Capital Event August 28, 2020 While COVID-19 losses are large and significant for the insurance sector, they are an earnings’ event, rather than a capital...
Pricing Is Only Bright Spot in ‘Anemic’ Earnings Picture for Reinsurers: Moody’s August 27, 2020 By Susanne Sclafane Even though investment returns rebounded from first-quarter levels during the second quarter of 2020, claims from COVID-19 created an “anemic...
4 of 5 Workers Remain Working from Home in UK Cities August 27, 2020 Only 17% of workers in British cities had returned to their workplaces by early August, underscoring the challenge for Prime...
Teens and Seniors More Likely to Drive Less Safe Cars August 27, 2020 By Andrew G. Simpson Teen drivers and drivers 65 years and older – two age groups at a higher risk of being involved in...
P/C Insurance First-Half Underwriting, Net Income Drops Tied to COVID August 27, 2020 By Andrew G. Simpson U.S. property/casualty insurance underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year....
Summer Camp Hosted 1,000 Visitors While Successfully Managing Coronavirus August 26, 2020 By Vishwadha Chander Four overnight camps in Maine successfully stemmed the spread of the novel coronavirus and conducted sessions with over 1,000 attendees...
Public Confidence, Often Inscrutable, Now Pivotal for Recovery: Viewpoint August 26, 2020 By Mike Dolan Public confidence in virus control, rather than the length and stringency of government lockdowns, may be the best way to...