All covid claims articles
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NewsMunich Re’s Winter predicts a hard market for casualty in 2024
The casualty reinsurance market is firming up, due to US legal trends and inflation, said Marcus Winter, president and CEO of North American P&C reinsurance at Munich Re.
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NewsAM Best: European insurers enjoy post COVID profits
Earnings improved overall, and a number of players saw materially higher profits in the absence of pandemic-related losses
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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 reports H1 COR of 91.4%, despite Ukraine loss reserving
Market reveals a net investment loss of £3.1 billion for the first half, contributing to an overall loss of £1.8 billion
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NewsReduced COVID impact benefits US-Bermudian reinsurers
Favourable reserve development is expected to continue, but there is still inflation to contend with, warns AM Best
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NewsSwiss Re reports $938m in H1 catastrophe claims
First half income of $157m was dented by natural catastrophe losses, COVID-related losses and reserving for the war in Ukraine
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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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NewsAxa has paid £75m for Covid-linked BI claims to date
Insurer Axa has paid out £75m for Covid-19-related business interruption (BI) claims following the Supreme Court’s appeal ruling in January 2021, confirmed Tara Foley, the firm’s chief executive of UK retail.
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NewsTalanx generates solid net income of EUR 673 million in 2020 despite coronavirus pandemic
Coronavirus claims expenses totaling EUR 1.5 billion were incurred in the industrial insurance and reinsurance and Retail Germany areas in particular. Without these claims resulting from the historic global pandemic the Talanx Group would have exceeded last year’s record results.
