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