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


Physical loss damage key to Covid-19 business interruption lawsuits

US cases against insurers focused on central BI coverage issue


Lloyd's chief warns Covid-19 could dwarf major disaster losses

John Neal described the pandemic as the largest insurance challenge ever faced


Beazley puts Covid-19 bill so far at $170m

The insurer has drawn on a $225m letter of credit facility


Insurers report declining solvency ratios following Covid-19 hit

Aegon, Zurich and L&G say declines remain manageable for now


German insurers face €600m loss from storm Ciara/Sabine

The storm caused widespread damage and disruption to large parts of Europe


Beazley's profits skyrocket despite claims surge

The specialist re/insurer's investment returns salvage 2019 results


IASB relaxes IFRS 17 interim reporting requirements

Accounting board makes three changes and retains two existing requirements