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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
Group CFO Scott Kirk is leaving Aspen on April 30 to pursue other opportunities. 17 March 2020
Insurance
The company wants to integrate ERM function with actuarial reserving, pricing and modeling functions. 16 March 2020
Insurance
But affirmed that it will be 'business as usual' as much as possible. 13 March 2020
Insurance
Lloyd’s has announced measures that aim to provide reassurance to the market. 12 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
The UK budget also pledged £30bn to helping the economy deal with the coronavirus. 11 March 2020
Insurance
IUA members requested to set up a commercial crime underwriting group. 11 March 2020
Insurance
The broker said Victor is an important part of its growth strategy. 10 March 2020
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