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SECTOR PROFILE: A&H

From a hospital case, with declining profitability and worsening claims, the A&H market is returning to good health, with rates having firmed since the onset of Covid-19, writes Helen Yates

Helen Yates, 10 July 2020
MARKET PROFILE: Argentina

Argentina has had a difficult 2020, following the ninth default in the country’s history. David Benyon assesses the impact of this plus Covid-19 on the (re)insurance sector

David Benyon, 10 July 2020
ANALYSIS: Aerospace

The aviation market has had a turbulent few years, but despite coronavirus-related loss of premium income in 2020, continuing rate increases into 2021 could keep it on track to profitability

Gavin Bradshaw, 10 July 2020
News digest

Axa XL has received approval to set up a reinsurance subsidiary in China, making it the first foreign-owned reinsurance subsidiary in China.

Gavin Bradshaw, 10 July 2020
S&P downgrades AGCS ratings outlook

S&P Global Ratings has revised its ratings outlook on Allianz Global Corporate & Specialty (AGCS) from stable to negative, citing Covid-19-related profitability concerns.

Gavin Bradshaw, 10 July 2020
FCA test case insurers hit back

Insurers involved in the Financial Conduct Authority (FCA)’s test case for BI disputes have contested the regulator’s assertion that the Covid-19 outbreak was the proximate cause of insureds’ losses.

Gavin Bradshaw, 10 July 2020
Cannabis insurers face riot losses

There has been a spate of claims in the cannabis insurance market after riots and looting broke out in many US cities earlier this month, according to broking sources.

Gavin Bradshaw, 10 July 2020
The Week in 90 Seconds

Lloyd's business-planning outlook, Aon-Willis' merger update and the Covid-19 spur to reinsurance buying.

Samuel Casey, 10 July 2020
PG&E $11bn wildfire settlement approved

Pacific Gas and Electric Company (PG&E) has received approval from the California bankruptcy court for an $11bn settlement with insurers related to wildfire losses in 2017 and 2018.

Gavin Bradshaw, 10 July 2020
Guy Carpenter predicts $160bn 2020 loss total

Insured losses for 2020 could make it the largest year for claims in history, according to Guy Carpenter, with losses totalling $160bn in the broker’s worst-case scenario.

Gavin Bradshaw, 10 July 2020

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