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The ripple effect of COVID-19 has now spread deep into global financial markets and falling interest rates are putting increasing pressure on insurers earnings and capital. 18 March 2020
News
As society and the global economy enters unprecedented times as a result of Coronavirus (COVID-19), the insurance industry is grappling to quantify what its impact will be on the industry. While unpleasant surprises no doubt lie ahead, experts at merchant bank Stonybrook Capital argue that its impact will be muted compared to many other industries. 17 March 2020
Insurance
Renewable energy projects are facing a direct impact from COVID-19 through decreased working patterns and business interruption. And the sector could also face rate hikes from their insurers and potential gaps in coverage depending on policy wordings. 17 March 2020
Insurance
Mounting pressure on governments and insurers to adopt more sustainable models is driving investment in renewables. But climate change coupled with an adjusting insurance market is making renewables projects more expensive to insure. 13 March 2020
Insurance
When looking to tap foreign markets, many re/insurers are faced with significant barriers to entry such as forced data localisation and caps on foreign investment. The American Property Casualty Insurance Association (APCIA) seeks to leverage the US trade agenda to mitigate these barriers, spotlighting Africa as a land of opportunity. 12 March 2020
Insurance
In the shipping industry, a cyber incident has the potential to reroute vessels and disrupt supply chains critical for world trade. But, there are hidden protection gaps associated with cyber risk which could be targeted by sophisticated hackers. 10 March 2020
Insurance
As the re/insurance world digests the implications of the merger between Aon and Willis Towers Watson, Intelligent Insurer examines the implications of the deal for the market and asks experts what the potential cost synergies might look like. 9 March 2020
Insurance
Cyber risk is a multifaceted peril that reaches into areas that insurance might miss. Intelligent Insurer investigates the gaps in cover that could prove costly if overlooked. 4 March 2020
Insurance
The launch of the Chartered Insurance Institute’s (CII) chartered title for managing general agents (MGAs) highlights an important step for firms keen to outwardly display their ethical commitments. Sector leaders say it could be a key development in attracting new talent into the industry. 3 March 2020
Insurance
The life and health reinsurance market has ‘more barriers to entry than P&C’ with just four players dominating 50% of business. 2 March 2020
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