Reinsurance
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 ...
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 ...
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 ...
Executives On The Move at AIG and AXIS
AIG picked a Guy Carpenter veteran executive to lead its operations in Japan. AXIS chose a new head for its AXIS Specialty Europe aviation business in continental Europe. *** American International ...
Insurers, Policyholders, Analysts React to UK’s COVID-19 Business Interruption Ruling
Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain's Financial Conduct Authority (FCA) to clarify insurance coverage for COVID-19 related ...
American Family Employees Getting Paid Holiday to Vote in National Election
The American Family Insurance group plans to again give its more than 13,500 employees nationally a paid day off so they can vote in the national election. Employees have a choice in the matter in ...