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Credit insurer Coface faces rating downgrade due to COVID-19 impact
The global trade credit industry is most affected by the decline in economic activity.
Hyperion partners with specialist ILS firm Vario
The partnership intends to provide re/insurers access to stable competitive capacity during this volatile period.
Stephen Catlin 'impressed' with Loadsure's one-click freight cargo insurance solution
Catlin says spot freight industry is a huge market where a significant volume is not insured or underinsured.
1.4 renewals: reinsurers showed resilience despite COVID-19 challenges
April renewals saw significant rate increases on loss-affected accounts, according to Willis Re.
Compre appoints DARAG's Lacovides as chief development officer
The executive will lead its global business development strategy.
Munich Re will not attain its profit guidance of €2.8bn for 2020 due to COVID-19
The world's largest reinsurer is seeing 'considerable claims burden' from losses caused by the ongoing COVID-19 crisis.
COVID-19 dashboard launched to help re/insurers tackle virus claims
McKenzie Intelligence worked with Lloyd’s market participants to create COVID-19 interactive incident dashboard.
FEMA extends renewals for insureds facing financial struggles due to COVID-19
The 30-day grace period to renew flood insurance policies has been extended.
Uinsure inks three year deal with Beneficial mortgage network
Uinsure to become the sole provider of general insurance for Beneficial.
IRDAI relaxes timeline for insurers as India grapples with coronavirus lockdown
Insurers will have more time to submit their final reinsurance plans for 2020-21.
