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WR Berkley forecasts $145m of Q2 cat losses
Covid-19, civil unrest and severe weather in the US drove losses
Jelena Strelets to head actuarial planning at Pacific Life Re
She joins the reinsurer from EY in Bermuda
IASB issues final version of IFRS 17
The deferral of implementation to 2023 and the reinsurance accounting changes are most welcomed by insurers. Cintia Cheong reports
Re/insurers face wider scrutiny from climate activists
Unfriend Coal becomes Insure Our Future to cover all fossil fuels
Beazley warns of ransomware attack spike
The specialist insurer said the Covid-19 pandemic contributed to the rise in attacks
Purpose statements risk being double-edged swords in Covid-19
EY said purpose statements can be "lightning rods for criticism" during the pandemic
Aviva and QBE face Covid-19 BI litigation from hospitality sector
It come as the ABI has also responded to criticism from pub businesses in lockdown
Beazley raises $300m to exploit rising rates
Equity placement will also strengthen balance sheet against Covid-19 uncertainty
Sport versus insurers: let the game commence
Covid-19 has ravaged the sporting world. A blanket halt in global events threatens to cost organisers billions and insurers are being asked to pay. Both sides have strong arguments — and even stronger legal teams, as Paul Walsh and Sarfraz Thind report
Legal risk escalates over Covid-19 business interruption claims
Hospitality Insurance Group Action heaps further pressure on insurers