All COVID-19 articles
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NewsSenior level decisions amid Covid-19 could spark fresh class action
Marsh discussed some exclusions that may arise and legal issues during its briefing on the pandemic last week
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News
KBRA Releases Research – Coronavirus (COVID-19): Global Insurance Update
Kroll Bond Rating Agency (KBRA) releases updated views about COVID-19’s implications for the global insurance sector. COVID-19 is now officially a pandemic with unprecedented consequences. In this report, KBRA updates our previous views on the implications of the COVID-19 crisis for the life and property and casualty (P C) ...
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Working from home hard to implement for some businesses during Covid-19
In a briefing last week, Marsh also revealed the four areas that businesses should prioritise during this global outbreak including regular communication with staff
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Covered California releases the first national projection of the coronavirus (covid-19) pandemic’s cost to millions of Americans with employer or individual insurance coverage
Covered California on Monday released the first national projection of health care costs due to the coronavirus (COVID-19) pandemic. The analysis estimates the projected costs for 170 million Americans in the commercial market — which includes the individual, small-group and large-group markets — for testing, treatment and care specifically related ...
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Analysis
Brokers need to beware ‘breach of duty’ risks arising from Covid-19 impacts
Law firm Plexus Law advises brokers to ‘pay attention in this changing market’
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News
Fitch Ratings Revises London Market InsuranceSector Outlook to Negative on COVID-19 Concerns
Fitch Ratings has revised its outlook for the underlying fundamentals of the London market insurance sector to negative from stable (the sector outlook)
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News
Moody's - Japan and Korea insurers remain at risk from coronavirus-related claims; sales and investment returns to weaken
· Insurers face risk of rising infections, along with business disruption and financial market volatility · Medical claims mitigated by government support and insurance caps
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News
COVID-19 – Travel insurers expect to make record payouts to customers
Travel insurers expect to pay out at least £275 million to travellers due to the Coronavirus according to first estimates out today from the ABI (Association of British Insurers).
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SCOR's Exec Committee says “COVID-19 - We in the (re)insurance industry have a leadership role to play now”
In a letter published this week - SCOR’s Executive Committee calls upon organisations and individuals to take immediate action to slow down the spread of COVID-19.
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FCA releases guidance for GI insurer behaviour during coronavirus crisis
The regulatory body says ‘brokers have a key role to play to help consumers understand the market’
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SCOR LAUNCHES AN INSURANCE INFORMATION PLATFORM IN CHINA
In the battle against COVID-19, SCOR has set up an insurance information platform in China to help those on the frontlines stay informed of their rights and access cover.
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COVID-19 Forces Cancellation of Annual RIMS Conference
The Risk and Insurance Management Society (RIMS) has canceled its 2020 Annual Conference Exhibition due to COVID-19. The event was scheduled for May 3–6 in Denver. In a statement, RIMS noted that it’s the first time in the organization’s 70-year history that it has been forced to ...
