acquisition

BMS acquires Spanish specialist insurance broker Jurado Mata

2020-03-24T13:55:00+00:00

BMS Group today announced that its Spanish subsidiary, BMS Iberia, has acquired Jurado Mata, the Granada-based Spanish specialist insurance broker. The consideration for the transaction was not disclosed.

plane suspended

Willis Towers Watson launches business aviation community group to aid sector’s risk management

2020-03-24T11:08:00+00:00

A Class focuses on data analytics and risk strategy, equipping business aviation operators with data and expertise to help them analyse and mitigate risks – crucial in today’s uncertain landscape.

storm

Insured property market loss from Storm Ciara estimated at €1.5bn

2020-03-24T09:25:00+00:00By Katie Scott

Claims data from affected insurers shows that Germany was the country most impacted

Fitch Ratings4

Fitch Ratings Revises London Market InsuranceSector Outlook to Negative on COVID-19 Concerns

2020-03-24T08:24:00+00:00

Fitch Ratings has revised its outlook for the underlying fundamentals of the London market insurance sector to negative from stable (the sector outlook)

Moodys Webvision

Moody's - Japan and Korea insurers remain at risk from coronavirus-related claims; sales and investment returns to weaken

2020-03-24T08:07:00+00:00

· 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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COVID-19 – Travel insurers expect to make record payouts to customers

2020-03-24T07:59:00+00:00

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).

ruben nizard

Ruben Nizard joins Coface North America as Economist

2020-03-24T06:40:00+00:00

Ruben Nizard has joined Coface North America in the role of Economist for the North American Region including U.S.A. and Canada. Ruben in his new role will be responsible for providing in depth analysis of the North American economy, including analysis of impacts caused by current trends and global economic ...

Fitch Ratings4

Fitch Ratings: Global Reinsurance Sector Outlook Negative On Coronavirus Concerns

2020-03-23T10:49:00+00:00

Fitch Ratings has revised its outlook for the underlying fundamentals (sector outlook) of the global reinsurance sector to negative from stable. The sector outlook revision is due to increased concerns over COVID-19, the disease caused by the coronavirus, and related impacts on the credit quality of reinsurers.Fitch’s outlook for ratings ...

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