All COVID-19 articles
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NewsSupreme Court dismisses insurers’ appeals in BI test case ruling
Around 370,000 policyholders are set to benefit from the judgment
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News
Trust in travel insurers drops due to Covid-19 pandemic
Meanwhile motor claims reduced by 48% in Q2 2020
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News
Lloyd’s and Parsyl launch insurance initiative for distribution of COVID-19 vaccines
Public-private collaboration, including 14 global (re)insurers, addresses critical risks faced by COVID19 vaccines and other health commodities during distribution.
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News
Covid-19 pandemic exacerbates opioid crisis as claims surge again
With the Covid-19 pandemic still ongoing, there has been a surge in claims for opioids. Sedgwick’s senior medical officer tells Insurance Times why the situation has worsened and what the loss adjustor has been doing to tackle it
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News
Aon Report highlights a path toward “The New Better” in wake of COVID-19 Pandemic
Aon has published a global report, ”Helping organisations Chart a Course to the New Better,” which presents research, regional findings and trends on how organisations have responded to the novel coronavirus (COVID-19) pandemic to date and are adapting to prepare for other emerging long-tail risks.
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News
EG: More than 50% of workers say working from home has negatively impacted their mental health
The results of the EG mental health survey launched in September 2020 underlines the importance of the office and the return to the workplace for individual wellbeing.
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News
Over half of insurance staff want to remain home working post pandemic - KPMG
Financial services employees under the age of 30 are the most keen to continue working from home on a permanent basis
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Lloyd’s pandemic losses worse than predicted, says chairman Carnegie-Brown
The insurance market previous estimated losses would be around the $107bn mark, but has revised that figure upwards
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News
MetLife Foundation provides $4 million in grants to support ongoing covid-19 relief efforts
“The pandemic has compounded housing and food insecurity in our communities and continues to have an outsized impact on small businesses,” said Mike Zarcone, head of Corporate Affairs and Sustainability for MetLife and Chairman of MetLife Foundation.
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News
Insurer BI premiums insufficient for COVID losses - study
The pandemic exposed a massive protection gap in the area of business continuity risk, according to the Geneva Association and University of St Gallen
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Features
Covid-19 evolves role of the broker in insurance – Novidea
Technology now has a a bigger place in the market and this could free up time for brokers to look at more complex tasks
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News
Royal Gazette: Bermuda must work as hard to retain its existing jobs, employees and companies
Thanks to new statistics, it is possible to better gauge just how damaging the Covid-19 lockdown was to the Bermuda economy and what the prospects for economic recovery are.
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News
Digital adoption rises nearly 20% for Insurance claims, J.D. Power Finds
Insurance claimants’ use of digital technologies continues a rapid march forward. That’s the lesson property and casualty (P C) insurers are learning as claimants have ramped up use of digital channels throughout the claims process during the pandemic. According to the inaugural J.D. Power U.S. Claims Digital Experience Study,SM released ...
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News
Political violence cover sees uptick in demand following Covid-19 pandemic – Talbot Underwriting
Businesses may be left under-prepared and under-insured as the lines are blurred for what constitutes a riot, protect, political violence or war
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Analysis
Briefing: A bright future, or momentary relief for the motor market?
The impact of the nationwide lockdown earlier in the year is expected to help the UK motor market return to profit once again in 2021, but with underlying problems still dogging the market, this is only anticipated to offer temporary respite for motor insurers By insight editor Matt Scott ...
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News
COVID-19 a “wake-up call”
Pandemic highlights the ”staggering potential” for uninsurable systemic risks, according to re/insurer Munich Re
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Lloyd’s announces charitable donations of £15 million in response to COVID-19
In response to the spread of COVID-19 globally, in March Lloyd’s committed to a £15m package of support for charitable organisations responding to the pandemic. To date 197 charities worldwide have received donations from Lloyd’s totalling £12 million, helping to support a wide range of organisations and ...
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News
Covid-19 to drive Lloyd's workplace innovation - John Neal
Neal said that Lloyd’s transformation is about reducing cost of doing business
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News
FERMA’s Wegener predicts “new era for risk management”
Dirk Wegener said the COVID-crisis has demonstrated the value of the risk profession - FERMA Seminar 2020
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Analysis
Opportunity for specific Covid-19 cover as SMEs fear business losses says data analytics firm
Commercial insurers may be affected as business owners could have a reduced budget for insurance if they are struggling for custom amid coronavirus recession
