All Analysis articles – Page 4
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NewsBriefing: Why insurance is key to economic recovery post-Covid-19
Insurance cover is a great enabler of economic activity, allowing businesses to carry out their trade, innovate and drive growth. Without that protection provided by policies, the risks for many would simply be too great. That is not to say that insurers can carry on operating in the same way ...
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AnalysisInsurance resilience tested by Covid-19 as global protection gap climbs to $1.24trn
Covid-19 is expected to hit global financial resilience hard, with research from Swiss Re forecasting a 20% drop in global resilience as a result of the pandemic as stimulus packages deplete economies’ fiscal and monetary headroom.
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AnalysisCOVID-19: Political and economic outlook deteriorates
The COVID-19 pandemic’s economic and social impacts are driving significant shifts in global political risk - Marsh JLT Specialty
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AnalysisThis year’s half-year financial results littered with Covid-19 complications
As the Covid-19 pandemic incessantly continues to rumble on, insurers and brokers have been forced to acknowledge the financial fallout caused by the virus as half year results published last month paint a vivid picture of how Covid-19 has affected profits, losses and reserving measures.
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AnalysisFCA investigates 165 Covid-19 scams
The data collection exercise further revealed that the types of scams that have been popular during the Covid-19 pandemic are typically communicated using emails, phone calls, text messages, letters and social media.
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AnalysisAmbiguity in BI policy wordings is ‘natural’ following ‘black swan’ Covid outbreak
The ambiguity in business interruption (BI) policy wordings related to Covid-19-based claims is “natural”, however this debate should be used as a catalyst for the insurance sector to proactively review contract small print in order to eliminate unclear phrasings that may prove problematic for insurers if applied to future “black ...
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AnalysisPolicies will need to adapt to changing risks brought about by Covid says analytics firm
Insurance policies will need to change in order to reflect the fluctuating risk environment created by the Covid-19 pandemic, while new products centred around remote working, for example, will become more common, according to data and analytics firm GlobalData.
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AnalysisInsurers unable to hide behind parametric insurance small print, says FloodFlash’s Adam Rimmer
Although many organisations had a form of business interruption insurance within their commercial cover prior to the Covid-19 pandemic, FloodFlash co-founder Adam Rimmer tells Insurance Times how a parametric insurance model would have been the better option for this type of insurance, as ’there’s no small print for the insurer ...
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AnalysisREPORT: Global guidance on the integration of environmental, social and governance risks into insurance underwriting
After a multi-year global consultation process, leading insurers from around the world and the UN Environment Programme (UNEP) launched last the first global insurance industry guide to tackle a wide range of sustainability risks—from climate change, ecosystem degradation, pollution and animal welfare and testing; to child labour, controversial weapons, and ...
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AnalysisBrokers need to beware ‘breach of duty’ risks arising from Covid-19 impacts
Law firm Plexus Law advises brokers to ‘pay attention in this changing market’
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AnalysisInsuring reputational risk opens opportunities for new business
Protecting brand reputation has become a top priority for insurance businesses
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AnalysisWhat does Aon’s purchase of Willis Towers Watson mean for brokers?
Industry voices fear that consolidation between two of the UK’s largest brokers will lead to a ‘stagnating’ market and ‘significant change’ of the sector as we know it
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AnalysisAon cyber risk analysis compares California’s CCPA with GDPR, plus New York’s SHIELD
Data protection legislation in California and New York adds to existing cyber risk rules
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News AgendaResilience focus amid worsening global macro conditions – Swiss Re
Chief economist briefing emphased the ‘R’ word(s): trade war is risk number one; recession in the US 35% likely; and resilience in the global economy is worse than before the financial crisis
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News AgendaAviation risks, claims on the rise - AGCS study warns
Safer skies have not reduced the overall risks being taken by aviation insurers
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News AgendaThe Hong Kong protests: What if the government labels them terrorism?
Defining the pro-democracy protests as terrorism could impact insurance policies, as the cost of the demonstrations continues to rise
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ViewpointsAon: Matchmaking for life
Asia’s life and health (L&H) reinsurance market is changing, with fresh entrants and a change of products being sold on the primary side, according to Pierre Vende, Head of Accident, Health and Life, Aon Reinsurance Solutions.
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AnalysisBaden-Baden: Hannover Re expects German rates rise in 2020
German reinsurer E+S Rück said its home market should see improved rates and conditions next year
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News AgendaHow a no-deal Brexit could affect reinsurers
UK-domiciled reinsurers have responded to Brexit by establishing alternative platforms on the continent that will retain passporting rights irrespective of the eventual Brexit outcome. Clare Ruel reports
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AnalysisWhat if 1989’s Loma Prieta Earthquake happened today?
Same earthquake hitting the Northeast Bay today could create a $27bn insured loss and a $184bn economic loss in the heart of Silicon Valley, according to an RMS catastrophe modelling study
