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News

Axa to provide €27m and 2m masks in Covid-19 battle

French insurer rolls out initiatives in response to the health, economic and social emergency

L&G highlights pension risk transfer market's resilience amid Covid-19

The insurer wrapped up eight PRT deals in March

Eiopa urges flexibility but no retroactive coverage during Covid-19 crisis

Authority postpones Romania's balance sheet review

AIR warns of up to 230,000 Covid-19 deaths by mid-April

More than 200 countries, areas and territories have confirmed cases of Covid-19

February UK flood insured losses near £300m

Parts of northern England and Wales were the worst affected areas

Covid-19 turns insurance sector outlooks negative

InsuranceERM summarises the views of credit rating agencies for insurance sectors worldwide

Accounting implications of Covid-19 for insurers

KPMG's Joachim Kölschbach suggests actions for companies to take

Munich Re pulls profit guidelines and halts share buy-back

The German reinsurer has received many claims linked to Covid-19

CBI chief economist calls for 'Pandemic Re' initiative

Rain-Newton Smith was addressing the UK Treasury Select Committee

MetLife commits $25m to Covid-19 hit communities

Travelers also donates $5m in pandemic battle

Analysis

Actuarial recruitment: a pause for the pandemic

Cintia Cheong reports on the how the actuarial job market in the UK is faring amid the coronavirus pandemic, the IR35 tax changes and the implementation of IFRS 17

What Solvency II reports need to say about the coronavirus

European supervisors have relaxed the Solvency II reporting deadlines, but in return insurers have been asked to include analysis of the Covid-19 impacts on their business. David Walker reports on what those discussions might entail

HKFI's Selina Lau: Covid-19 is a golden opportunity to educate the public

Selina Lau's first month as chief executive of the Hong Kong Federation of Insurers has been nothing if not busy. From the coronavirus to the opportunities of the Greater Bay Area initiative, while handling IFRS 17 and forthcoming risk-based capital rules, there is never a dull moment, she tells David Walker

US insurers in Covid-19 coverage crisis

Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports

Insurers weather the coronavirus storm - but for how long?

The Covid-19 pandemic has provided an uncompromising test of insurers' operational and balance sheet resilience. Initial reports suggest they are handling the situation, but what are the risks in the longer term? Paul Walsh investigates

IFRS 17 in the UAE: the real issue is lack of expertise

Oscar Kitasoboka, chief actuary at the UAE Insurance Authority, talks to Cintia Cheong about the IFRS 17 challenges facing the country's insurers in comparison to other regions