Covid-19 turns insurance sector outlooks negative - UPDATED

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


S&P bucks trend with stable outlook for US insurers amid Covid-19 - UPDATED

InsuranceERM summarises the impact of the pandemic on insurance sectors worldwide


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


AM Best to begin Covid-19 stress testing

The test will gauge the impact of the virus on insurers' risk-adjusted capital levels


Climate change top risk for US insurers

Pandemic ranked only seventh, according to AM Best


Modelling the virus

The spread of Covid-19 has not come as a surprise to everyone. Analytics firms are looking at the thousands of situations to model pandemics every day. However, it seems insurers are not quite up to scratch. Sarfraz Thind reports


South Korea's regulatory change likely to boost insurers' solvency

Co-insurance will also bring opportunities to reinsurers, says AM Best


Insurers struggling to price US D&O risk as claimants prefer litigation to settlements

Loss creep fed by claimants taking on "people in powerful positions" in media, politics and sport, AM Best says


Diversification drive cuts US reinsurers' pandemic risk

Reinsurers could still face 40% to 50% capital threat from mortality risk, says AM Best


Cannabis insurance: ending the bad trip

Conflicting state and federal laws, uncertain pricing and novel risks have discouraged most insurers from participating in the cannabis market so far. But as the US edges nearer to federal legalisation, this could change. Sarfraz Thind reports