Contingency/entertainment

Insurance-sector companies join lawmakers and sports and cultural entities in urging state support to resuscitate the live events industry.

Amanda Lewis will lead a specialty disruption offering, including contingency, agri-contingency and legal indemnity lines.

Underwriters Francis Hernandez and Ian Seakens have joined Cincinnati Global Underwriting to lead the new lines of business.

The sector is trying to find ways to rebuild its client base following the devastation caused by the Covid-19 pandemic.

She has led the business line since 2015 and will be replaced by Michael Furtschegger on an interim basis.

The carrier has recently lost executives including contingency chief Chris Rackliffe and racked up significant losses in the class.

The company is the latest carrier to join the market following a spell of devastating losses caused by Covid-19.

The ILS manager is in the process of applying for a corporate member, sources said.

Contingency losses will result in a total loss and an increased renewal cost.

The scheme aims to restart TV and film making by providing insurance for Covid-19-related risks.

Staff displacement continues in the contingency market following huge Covid-19 losses and hardening rates.

Anna Sagar and Samuel Casey assess whether expectations of coronavirus-related losses are likely to match outcomes in what were tipped to be some of the most exposed classes.