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FCA downplays arbitration as means to solve BI disputes
04 June 2020The UK regulator considers its own investigation will be quicker and cheaper than other legal proceedings
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Covid-19: The CRO's view - Part 2
03 June 2020In part two of our report on the InsuranceERM Covid-19 discussion webinar, Allianz group chief risk officer Tom Wilson tells Paul Walsh his thoughts on the business interruption coverage disputes, the possibility of a 'Pandemic Re' initiative and the lessons the industry needs to learn.
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AIG finalises sale of Fortitude stake
03 June 2020The US insurer received around $2.2bn from the transaction
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Insurtech weekly: Pie Insurance; Axa XL; PolicyStreet; Openly Insurance; Trov
02 June 2020InsuranceERM rounds up all the developments in the fast moving world of insurtech
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Hiscox made BI goodwill payments due to "misinformation"
01 June 2020Business interruption policyholders were found to have received incorrect information regarding Covid-19 coverage
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FCA pinpoints key policy wordings over Covid-19 BI claims
01 June 2020The regulator examined over 500 polices from 40 insurers
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Hiscox offers goodwill compensation over BI claims
01 June 2020Report suggests specialist insurer is responding to criticism over Covid-19 payouts
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Storm surge and pandemic evacuation threatens 7.4m US homes
29 May 2020CoreLogic estimates $1.8trn reconstruction costs for at-risk homes
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Weakened storm Bertha set to bring heavy rainfall
28 May 2020Bad weather on eastern coast delays SpaceX launch
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Covid-19 to ramp up hurricane insured losses: KCC
27 May 2020Higher losses expected due to the pandemic's impact on wider infrastructure