Property

The ruling is due in mid-September, but the possibility of an expedited appeal is highly likely.

Brokers at Marsh, Aon and Epic have all been using the platform, which has been deployed on around eight renewals so far in 2020.

Reinsurance, crisis management and art and specie are areas of opportunity, according to the Axa XL chief.

The carrier is also honing its focus and redeploying capital under new CEO Amanda Blanc.

The carrier also expects the Beirut explosion to be a "major loss".

As lawmakers propose sweeping measures to rewrite pandemic exclusions, insurers are relying on protections enshrined in the Constitution to resist an onslaught of BI claims, writes John Hewitt Jones.

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.

The regulator said insurers should work on a case-by-case basis on government support deductions, otherwise it could step in.

Former Axa XL property treaty head Catherine Turner will co-lead the unit with Richard Evans.

The establishment of “shared resilience solutions” to BI losses would require unprecedented policy coordination.

The law firm representing customer action groups claims brokers discouraged policyholders from lodging Covid-19 claims.

The judges will now consider their verdicts, with an ambition to produce a draft judgement in mid-September.