Markets
No Rendez-Vous, No Problem
Reinsurance executives who would normally be heading to the Rendez-Vous de Septembre in Monte Carlo are missing the experience but carrying on business just fine without the in-person interactions in ...
The Latest Launches From Neptune Flood, Zurich North America and More
Neptune Flood has expanded the scope of its flood insurance products. Zurich North America launched an Occupational Accident & Employers Work Injury Liability Insurance Policy for nonsubscribers ...
Prediction: Coronavirus Will Have Severe Impact on Social Inflation
Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic hit. This trend, known as social inflation, has ...
Will Insurers Appeal UK COVID-19 Insurance Ruling? Businesses Watch and Wait
LONDON — Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his family-run cafe The Posh Partridge to ...
Canada’s Manulife Will Start Selling COVID-19 Related Travel Insurance Product
Canadian insurer Manulife Financial Corp will restore some coverage for coronavirus-related trip interruptions in a new travel insurance policy that also includes COVID-19 in its emergency medical ...
COVID Not a Capital Event for Global Reinsurers—Yet
While analysts at Standard & Poor's Global Ratings agree with the popular assessment that COVID-19 is an earnings—not a capital—event, COVID plus catastrophes could be a different story. In a ...
Some Reinsurers Will Try Pandemic Exclusions for Casualty at 1/1
Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions into casualty reinsurance contracts next year, a reinsurance broker ...
What Is the No. 1 Emerging Litigation Risk? ‘Forever Chemicals,’ Says Praedicat
The top emerging litigation risk identified for the year ahead is PFAS, the so-called "forever chemicals" used in a wide variety of products such as Teflon, Scotchgard, food containers, firefighting ...