All business interruption articles
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NewsParametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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NewsAfter Stonegate: Unpicking Covid-19 BI aggregation potential
Why reinsurers should look to recent Covid-related judgments on the direct side in an effort to resolve uncertainty
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NewsLloyd’s finds ‘no evidence of any compromise’ following suspected cyber attack
The market has been advised that it can now restore its network services
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NewsLloyd’s of London resets systems following potential cyber attack
The international insurance marketplace detected ‘unusual activity’ on its network
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NewsExtent of Fiona-related losses depends on grid restoration
Hurricane losses in Puerto Rico and the Dominican Republic will be influenced by duration of BI due to power losses - AM Best
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NewsEffects of climate change evident in H1 cat events
The record-high temperatures in many parts of Europe is expected to drive further losses caused by droughts and wildfires
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NewsRussian gas cut-off would be uninsured - Fitch
Businesses suffering losses in such a scenario may be able to claim under political risk policies, but it would not be straightforward
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NewsEvolving black swans are making the industry nervous
Past industry action has demonstrated that insurance companies take these risks ‘very much in their stride’ - Accenture
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NewsAustralia’s 2022 flood costs break previous records
Floods in February and March are estimated to have cost $3.35 billion in insured losses
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NewsUkraine crisis adds to inflation risk for insurers
Persistently high inflation will increase P&C insurers’ claims, eroding their earnings - Moody’s