Data on how aviation exposure values have shifted during the COVID-19 pandemic have revealed an issue that could trip up unwary insurers as the world begins to ease lockdown. Intelligent Insurer reports.
As many countries begin easing lockdown, all eyes are on what comes next. Policymakers hold the key to achieving the best possible recovery after the most severe recession in our lifetime, and they need to step up, says Swiss Re’s chief economist. Intelligent Insurer reports.
Difficulty in resolving disputes over pandemic business interruption payouts has led the FCA to bring a group of representative examples in front of the UK High Court to secure an industry-wide resolution. Intelligent Insurer reports.
California Department of Insurance orders demanding that insurers refund policyholders affected by COVID-19 shutdowns may not be as draconian as they first seem. Intelligent Insurer investigates.
From its inception, cyber underwriting has faced difficult challenges including a limited amount of historical data. Now, partly driven by the global pandemic, an increase in cyber threat levels and demand for protection could represent a prime opportunity for a rethink. Jack Kudale, Cowbell Cyber founder and CEO, highlights key things to consider in such a change.
Analysts at Moody’s Investors Service examine what a post-lockdown ‘new-normal’ world will look like for insurers.
New technology tools provide the route to improve valuations but the truly successful carriers will also use them across many areas of their portfolios to help identify the many small risks as well as the more obvious problems, says Todd Rissel, chief executive officer of Stamford, Connecticut-based insurtech e2Value.
A combination of the best financial support programmes could deliver better, more appropriate cover that is fit for an uncertain future. Intelligent Insurer reports.
Investment bank analysts have calculated and explained how the huge insured losses from COVID-19 are likely to pan out for the industry, particular companies and lines, and are affecting already firming prices. Intelligent Insurer reports.
Willis Towers Watson is looking at global data for the motor industry to glean advanced lessons on preparing for the new normal after the COVID-19 pandemic subsides. Intelligent Insurer finds out more.