Pandemic will help insurance penetration in the long run; Lloyd’s reports £3.4bn in COVID-19 losses in 2020; COVID-19 insured loss reports rise 21% in last quarter, near $38bn
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Bupa to give £125m back to policyholders; Remote working should become the default in the UK; The FCA reports that insurers have paid out £472m in BI claims so far
Life insurance payouts for COVID-19 in the UK; Frauds linked to home working expected to increase; BA explores sale of headquarters in shift to homeworking
Legal & General reveals dip in operating profit due to COVID; COVID-19 and sustainability key insurance themes for 2021; Households buy 3.2million pets in lockdown
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Lloyd’s to reopen underwriting room on May 17; Admiral boosts profit in full-year financials; Industry survey reveals divided census over 2021 P&C COVID losses
Insurers expect to pay up to £2.5bn in UK COVID claims; Goldman Sachs boss rejects working from home as the new normal; Commercial insurance pricing up by 44% in UK
Allianz UK delivers robust results for 2020; COVID has opened up opportunities for new digital brokers; EIOPA proposes measures to improve BI insurance
Lancashire sees massive profit slump in 2020; COVID-19 dealt huge blow to Britons' financial resilience; Salesforce expects most of its staff to work flexibly post-pandemic
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Beazley Plc takes massive blow in year-end results; Reinsurers to bear more BI costs as COVID losses mount; 2021 set to be less profitable year for insurers
ABI defends industry response in another open letter; QBE confirms exposure limit of $75m to UK BI claims; SCOR cancels dividend and cuts CEO pay by 30%
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Swiss Re’s net loss forecast to hit $389mn in 2020; Surge in COVID-19 litigation awaits UK companies; Insurers must act quickly to compensate BI customers
Supreme Court rules on FCA test case; RenRe warns of Q4 operating loss amid $345mn weather & COVID impact; Care homes rejecting hospital patients over lack of insurance
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Lloyd’s to close underwriting room again; Leisure facilities face £90m a week loss under UK winter Covid-19 lockdown; Reinsurers halted downward trends in 2020
Lloyd’s & Parsyl partner on COVID vaccine distribution initiative; London to remain global cyber insurance hub post COVID-19; Commercial premiums are rising dramatically
CII offers guidance on closing the customer expectation gap; Improved pricing sees $6bn raised by re/insurers across Q4; The ICA to appeal against BI test case ruling