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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
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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