Global Economy
Public-Private Pandemic Risk Financing Plan Advances in UK
UK insurance executives have taken another step toward developing a public-private risk-financing mechanism for future pandemics with the creation of working groups to take the idea from the drawing ...
The Latest Launches From Trov and Brit Ltd.
The InsurTech Trov will partner with a Brazilian carrier to help introduce on-demand insurance applications to its customers. Brit Ltd. has launched a private client offering. *** Trov, a developer ...
Hiscox, RSA, Other Carriers Will Join UK Pandemic Cover Test Case
Insurers including Hiscox , RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry ...
Top Risks Revisited Post-COVID
Reaching out to some of the same risk professionals that respond to the its "Global Risks Report" each year, the World Economic Forum announced the results of a special "COVID-19 Risk Perception ...
VC Firm Eos Venture Partners Closes InsurTech Investment Fund
Eos Venture Partners said it has closed an $85 million InsurTech investment fund that will tap into new insurance industry needs. To be known as the Strategic Investment Fund, the investment vehicle ...
The Latest Launches From AXA XL and Liberty Mutual/Ironshore
Two units with AXA XL have teamed up to offer a new product for U.S. domiciled multinational businesses. A policy offered by a division of Liberty Mutual's Ironshore has been expanded to offer more ...
Generali Sees Net Profit Plunge Due to COVID-19-Related Investment Losses
Generali's first-quarter net profit plunged 84.8 percent to €113 million ($124 million) from €744 million ($815.5 million) reported in Q1 2019 as a result of the impact of the COVID-19 pandemic ...
Purell Under Fire in Three Lawsuits Alleging Germ-Killing Shortfalls
Everyone's favorite hand sanitizer may have to stand trial for claiming it can stop you from getting sick. A trio of lawsuits has hit Purell's maker, Gojo Industries Inc., since the World Health ...