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
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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
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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
AXA expects hit to 2020 results; Munich Re expects €2.8bn of profit in 2021, €1.2bn in 2020; After a tough year, insurance sector has positive outlook
Aviva downgrades Covid-19 impact due to lower frequency in Q3; Government can’t continue as “insurer of last resort”; Reinsurers must brace for mounting Covid-19 disputes
Brokers under fire for Covid preparation; Lloyd’s expects Covid losses to be higher than $107bn; Pandemic is insurable, government actions are not: Prospectus 2021
COVID losses “by no means over,” warn experts; FCA test case latest: Supreme Court appeal hearings set; Aviva ramps up customer support amid coronavirus pandemic
Allianz cancels share buyback plans due to Covid; FCA reminds insurers to review the value of products in light of coronavirus; Hannover Re adds €197m to Covid reserves in Q3
Motor insurance costs stay at a four-year low; London market survey finds just 14% want to return to office; Nationwide downgrades insurance coverage
Swathe of UK hospitality firms see risk of insolvency; COVID-19 to drive near term D&O losses; Crystal Ski offers customers additional Covid cover from AXA
Lloyd’s sets out recommendations for building simpler products; Inflation bad for non-life, good for life: Berenberg; COVID wordings gap could hurt some insurers: AM Best
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FCA test case appeal – here's what you need to know; UK economic growth slows despite restaurant boost; Pandemics are 'uninsurable risks' for the industry
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Zego reveals plans for partnership with Bravo Group’s networks; COVID-19 Charity support fund reaches £100m target; Capital buffers proving resilient despite COVID-19