UK names four IAIGs

Internationally active insurance groups will be supervised according to global rules


Italy's central bank warns of significant BI threat to liquidity and profits

National component of VA did not trigger for Italians in Q1


Insurers' legal victories concerning Covid-19 business exposures

Pro-insurer developments in the US have been compiled by a law firm


US lawmaker introduces pandemic insurance bill

Bill proposes private-public insurance to combat Covid-19 BI losses


Axa BI court case in France could set Covid-19 precedent

The insurer last week lost a case from a restaurant owner over losses from the pandemic


Lloyd's gets approval to transfer Brexit-impacted policies

Insurance market can inform customers about transferring affected policies to its Brussels unit


Liberty Specialty Markets names Kim Swan as CRO for Asia

Swan previously worked for Lloyd's of London in a variety of roles in Asia-Pacific


Aegon's Spanish unit capital coverage dropped below 100% in 2019

Dutch group injected €75m in Q3 and instituted changes at Aegon Espana


Reinsurers braced for pandemic-fuelled mortgage losses

AM Best says mortgage delinquency rates are expected to spike because of Covid-19


Purpose statements risk being double-edged swords in Covid-19

EY said purpose statements can be "lightning rods for criticism" during the pandemic