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There is only ‘limited validity’ in comparing the Covid-19 losses to those experienced in 2001, the report said.
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ReStart, Recover Re and Black Swan Re aim to address the short-, medium- and long-term risk associated with Covid-19 and future systemic events.
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The space will have plastic screens between desks and temperature sensors, while lift numbers will be limited at 1 Lime Street.
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A virtual underwriting room is also expected to be up and running by 1 September.
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The measures come after the death of George Floyd shone a spotlight on discrimination globally.
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Claims payments over the past two years have been in full and on time.
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The Corporation reveals the members of group replacing separate council and franchise board.
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The executive predicts more algorithmically driven syndicates in the near future.
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Covid-19 industry losses, Insider US highlights, Charman on the record and the lowdown on Brit’s new syndicate.
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The Judicial Panel on Multidistrict Litigation will determine whether federal BI lawsuits should be consolidated.
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Lloyd’s CEO John Neal said that the volume of submissions into Lloyd’s is up around 50% year-on-year.
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Coronavirus’ unwanted record; John Neal speaks out; structured credit freezes up.