Zurich Insurance Decides Not to Renew Cover for Canada’s Trans Mountain Oil Pipeline July 23, 2020 Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
UK Insurers Cite Swedish Example in Bid to Dodge Coronavirus Biz Income Payouts June 17, 2020 By Lucca de Paoli Insurers are set to argue against paying out fully on claims made by businesses forced to shut because of the...
Zurich Insurance Forms New Legal Panel for Large and Complex Claims in EMEA June 9, 2020 Zurich Insurance Group has introduced a new legal panel to provide advice on the management of large and complex claims...
Risk Professionals Reassess Top Risks During Post-COVID Era June 8, 2020 Reaching out to some of the same risk professionals that respond to the its “Global Risks Report” each year, the...
Billionaire Del Vecchio Doesn’t Seek Merger Between Generali and AXA or Zurich: Source June 3, 2020 Leonardo Del Vecchio’s plans to boost the European presence of Italy’s top insurer Generali do not include a cross-border merger...
Pandemic-Hit Re/insurers Expect a Costly Hurricane Season – and Rates Are Rising June 1, 2020 By Carolyn Cohn The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already...
British Regulator Enlists 8 Insurers in Pandemic Test Case of Business Interruption Cover June 1, 2020 By Huw Jones and Carolyn Cohn Insurers including Hiscox, RSA and QBE will take part in a UK test case to decide whether their policies should...
Risk Managers Expect Prolonged Recession From COVID-19: World Economic Forum May 19, 2020 Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic...
Zurich Insurance Estimates Coronavirus Pandemic Claims to Hit $750 Million for 2020 May 14, 2020 By L.S. Howard Zurich Insurance estimates that the overall property and casualty (P&C) claims from the COVID-19 pandemic will be in the region...