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The Week in 90 Seconds
Coronavirus’ unwanted record; John Neal speaks out; structured credit freezes up.
Rachel Dalton
,
24 April 2020
Former Swiss Re CEO Lippe dies of Covid-19
The executive restored the carrier's financial strength following the credit crisis.
Samuel Casey
,
24 April 2020
UBS ups Covid-19 insured loss estimate to $30bn-$60bn
BI and credit and surety claims are forecast to be the main drivers.
Rachel Dalton
,
24 April 2020
Monte Carlo Rendez-Vous cancelled due to Covid-19
The key (re)insurance fixture may return in 2021 if the public health situation permits.
Adam McNestrie
,
24 April 2020
Maiden fights to retain Nasdaq listing
Listing watchdogs rule that the stock hasn’t met the exchange’s minimum price requirements.
Rachel Dalton
,
24 April 2020
BMS’ Cook: Industry must stop ‘politicising’ Covid-19
CEO calls for sector to pull together with government to find collective response to pandemic.
Rachel Dalton
,
24 April 2020
Contingency business dries up as market faces up to billions of losses
Uncertainty about future mass gatherings has reduced the number of clients coming to the market.
Samuel Casey
,
24 April 2020
Neal: Only government has ‘wherewithal’ to shoulder Covid-19 BI costs
The Lloyd’s CEO says insurance can still do a “hell of a lot” to help the crisis as he throws his weight behind Stephen Catlin’s “Pan Re” initiative.
Catrin Shi
,
24 April 2020
Benchimol: Rewriting pandemic exclusions puts solvency at risk
Albert Benchimol says the job of insurers is to mutualise risk, not subsidise it.
John Hewitt Jones
,
24 April 2020
Brazil’s IRB withdraws profit guidance on Covid-19 fears
The step follows the resignations of four directors earlier this week.
Bernard Goyder
,
24 April 2020
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