Munich Re expects around €200m in Beirut explosion claims

It also anticipates a low triple-digit-million euro amount in claims from recent hurricanes


Australian BI coverage test case gets court date

The case will be heard by the New South Wales Court of Appeal in October.


UK average motor claim value hits record high in Q2

But the number of motor insurance claims fell significantly, reflecting the lockdown period


Zurich launches digital unit in major organisational revamp

CEOs have been appointed for the North America, Latin America and Asia-Pacific regions


US life-annuity industry's H1 net income dives by 66%

Jackson National's ceded coinsurance agreement with Athene Life Re drove the decline


Pat Regan departs QBE after employee complaint

Group chairman said all staff must abide by same governance rules


Insurers urged to improve third-party risk management

Crowe and Oric International highlight the role of third-party risk in building operational resilience


Assurant fined $2.8m over poor sales practices

The Signal offered products underwritten by unauthorised insurer


Hiscox heads into arbitration with BI claims group

A simplified proposal for an expedited arbitration process has been agreed


COMMENT: Business interruption battle is no-win situation for insurers

The saga only means significant legal costs and damages trust in insurers