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London market outlook no longer stable; significant disruption expected if COVID-19 outbreak prolongs: Fitch
Insurance
The pandemic could increase operational risks for the implementation of the Future at Lloyd's project, warns agency.   24 March 2020
Insurance
The team will be underwriting at Lloyd’s on behalf of Ascot Syndicate 1414.   24 March 2020
COVID 19: Forced retrospective payments in US ‘risk industry stability’
Insurance
An influential insurance body has warned American legislators not to impose retroactive insurance payments as it could destabilise the insurance sector, dubbed ‘one of the nation’s essential services’.   24 March 2020
Insurance
The reinsurer has been working on cost saving initiatives since it incurred a $5.7 million net loss in 2018.   24 March 2020
Insurance
The acquired firm serves UK’s contingent workforce of contractors, freelancers and gig workers.   24 March 2020
Insurance
The storm is said to be the costliest event for the peril since cyclone Friederike.   24 March 2020
Insurance
Reinsurer ‘put in place hedges’ as the pandemic began to unfold, to ‘partially mitigate the economic impacts’.   23 March 2020
Insurance
The pandemic has forced most businesses to let employees work from home.   23 March 2020
Insurance
Moody's expects insurers in both countries to see impact on capital from increased death benefit claims and financial market volatility.   23 March 2020
Insurance
Fitch says the sector faced pressures from a competitive market environment and low investment yields even before the coronavirus outbreak.   23 March 2020

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