January 2020/5
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The World Bank's pandemic insurance bond covers the virus, and is designed to trigger if deaths impact multiple nations.
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Modest acceleration in January brings underwriter hopes of further momentum mid-year.
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Inside P&C questions whether emerging pressures in medmal are receiving enough attention.
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Estimates from Aon, Munich Re, Swiss Re and Willis Re put Typhoon Hagibis lower than the modelled average, with Typhoon Faxai in line with expectations.
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If early reporters Travelers and RLI are reliable cross-industry bellwethers, it looks like significantly lower overall catastrophe losses last year will flatter carriers’ Q4 and 2019 results and offset much of the damage from spiralling casualty claims.
Most Recent
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Former Everest Re exec Doucette reboots $1bn+ start-up plans
27 January 2023 -
Kessler: Scor needs ‘new momentum and new drive’
27 January 2023 -
Direct Line CEO James steps down
27 January 2023