Lloyd’s appoints new CEO and Country Manager in Singapore

Insurer Lloyd’s of London has appointed Pavlos Spyropoulos as Country Manager in Singapore and CEO for Lloyd’s Asia

Aon CEO gives predictions on merger with Willis Towers Watson

Brokerage companies Aon Plc and Willis Towers Watson confirmed their merger in 2019, in the meantime Aon CEO Greg Case talks about the benefits of the union

FCA issues warning to UK insurers over BI claims payments

Following a string of non-damage business insurance (BI) claims were filed in response to Covid-19 lockdown measures, insurers are being urged to treat their policyholders fairly, or face repercussions

Hong Kong’s insurance industry to deteriorate due to the pandemic

The economic downturn caused by the Covid-19 pandemic is going to stagnate Hong Kong’s insurance industry growth according to a study by GlobalData

Major insurers report Covid-19 losses

Insurer AIG is reporting estimated Covid-19 losses of US$458 million, while Lloyd’s underwriter reports a pre-tax loss of $138.9 million

Industry publishes Covid-19-related reinsurance losses

A number of companies have published their latest financial earnings, and while losses are high, it’s not all bad