As economic output plummets, re/insurers are bracing themselves for a tough road ahead. Intelligent Insurer asks two industry experts what the biggest risks are and how the sector will tackle them.
As the economic fallout from the pandemic continues to grow, analysts have crunched the numbers to take an early temperature check for how hard the coronavirus will hit the industry. Intelligent Insurer finds out more.
As efforts to contain the coronavirus catagion continue to ramp up worldwide, re/insurance industry leaders are taking a number of actions to comply with movement restrictions, while ensuring AGMs meet regulatory requirements. But what are the rules in different jurisdictions. Intelligent Insurer investigates.
Everyone is hoping that the outbreak of COVID-19 will be contained as swiftly as possible, with many countries advising precautionary measures, such as lockdown, for a minimum of 12 weeks to protect the vulnerable. The re/insurance industry can expect to feel the effects of this pandemic well beyond that. Intelligent Insurer reports.
The market reports a £2.5bn return to profit and improved underwriting performance, but the pandemic is already taking its toll hitting assets and refocusing future priorities. CEO John Neal says the outbreak will change the world and ways of working forever. Intelligent Insurer reports.
It's the second time around for Aon’s acquisition of WTW, but the $30bn merger everyone is talking about has sailed into a COVID-19 induced storm of market volatility, not to mention heavy scrutiny from the regulators. With so much external pressure, what is the forecast for the deal, and will it even go ahead? Intelligent Insurer investigates.
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’.
Reinsurer ‘put in place hedges’ as the pandemic began to unfold, to ‘partially mitigate the economic impacts’.
The shifting economic landscape is creating an air of uncertainty and many M&A deals are being put on hold. But, dealmakers also see opportunities in an economic downturn.
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.