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Vague construction wording could give rise to Covid-19 claims
Denial of access, delay to start up, force majeure and supplier contracts are all areas of wording concern.
Anna Sagar
,
31 March 2020
There is growing discussion around whether Covid-19 could birth a new standalone class
The arrival of coronavirus has laid bare a huge insurance gap for which there is currently no real solution.
Catrin Shi
,
31 March 2020
Olympus Insurance hires CEO from Citizens
Steve Bitar worked at Citizen for more than 16 years and joins the Floridian property insurer on 20 April.
Anna Sagar
,
31 March 2020
Fitch puts Sirius rating on ‘evolving watch’
The move followed a decision by China Minsheng to put the business up for sale.
Bernard Goyder
,
31 March 2020
New York bill would mandate pooling of BI claims
The proposed law would put all insurers operating in the state on the hook for Covid-19 losses.
John Hewitt Jones
,
31 March 2020
Reinsurers pull authorised lines amid Covid-19 exclusion clashes
Attempts to add full communicable disease exclusions have faced particular pushback from clients.
Adam McNestrie
,
30 March 2020
Scor postpones AGM due to Covid-19
Rescheduling comes after pressure from CIAM over timing.
Rachel Dalton
,
30 March 2020
Tornado tears through Arkansas mall, airport
Local authorities noted the casualties would have likely been worse if not for business closures due to Covid-19.
Bernard Goyder
,
30 March 2020
Sompo GRS names Chubb’s Carroll as deputy head of life sciences
The underwriter spent 19 years at Chubb writing biotechnology and life sciences business.
Samuel Casey
,
30 March 2020
Willis UK bonuses paid but no retention packages in place
Long closing period and Covid-19 uncertainty expected to curb early staff exits.
Adam McNestrie
,
30 March 2020
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