New report highlights P&C pandemic insurance protection gap

A new report has shed light on a massive issue in pandemic insurance protection – that P&C insurers would have to collect BI premiums for 150 years to make up…

AIG announces third-quarter losses

American International Group, Inc. (AIG) has announced its General Insurance catastrophe losses, including Covid-19 catastrophe-related losses

Munich Re expects further hardening of markets

Low interest rates are impacting the profitability of reinsurers, according to Munich Re; recent experiences following the lockdown in many countries have been a wake-up call regarding systemic risks

Confidence in the general insurance market rises

As we edge closer to the final moments of 2020, PwC reports a rising optimism over business prospects among general insurers despite a challenging year

The growth of subscription insurance

Robyn Bainbridge explores how subscription-based insurance is being adopted in today’s market, why it has such a big pull factor, and how this latest trend is likely to develop

Covid-19 accelerates a new way of doing business

A new report published by credit ratings agency AM Best reasons that Covid-19 may accelerate some long-awaited changes to the way business is transacted in the London insurance market

Will Covid-19 impact consumer trust in travel insurance?

New findings from the Chartered Insurance Institute (CII) suggest that while consumer and SME satisfaction with insurance was up at the beginning of 2020, Covid-19 may have changed that

Covid-19 to alter the insurance risk landscape

Allianz details how claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of the pandemic

Public-private co-operation needed to insure against pandemics

Reinsurer Swiss Re’s head of Middle East and Africa says that pandemics are uninsurable risks, unless governments are willing to lend a hand

AXA PPP becomes AXA Health

Private healthcare company AXA PPP has rebranded and is now AXA Health

MAPFRE to launch technology advisory council

Senior figures from Google, Microsoft, Siemens, MAPFRE, Accenture and Everis come together to form the Technology, Innovation and Transformation Advisory Council

Mobly and Europ Assistance Belgium launch mobility platform Moveasy

Assistance company Europ Assistance Belgium and insurtech Mobly have jointly launched the mobility platform Moveasy

Brokers chose Belgium to prepare for Brexit

In getting ready for Brexit, Belgium has emerged as the preferred location for an EU entity so that London brokers are able to continue to support their European clients

Telephone sales could be more lucrative than online

People would pay more for insurance over the phone if it was easier, shows a new survey

Insurers face high losses as High Court rules in favour of small businesses

Small companies in the UK will receive payouts on insurance claims during Covid-19 pandemic; and Munich Re stops selling pandemic business coverage after losses