All COVID losses articles
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NewsBest affirms Swiss Re ratings; puts ICR on ‘negative’
Negative outlook on the reinsurance group’s long-term issuer credit rating reflects operating performance pressure
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NewsCovid-19 drives underwriting losses of £2bn for Lloyd’s market – Insurance DataLab
The Covid-19 pandemic has driven underwriting losses of more than £2bn in 2020 for Lloyd’s market according to new analysis from Insurance DataLab.
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NewsLancashire profit slides on Covid and catastrophe losses
Insurer Lancashire Holdings Ltd saw its full-year profit slide, as losses related to Covid-19 and natural catastrophes took their toll. The Bermudian-based company said pretax profit fell to $5.9 million in 2020, down from $119.5 million in 2019. Net losses related to Covid-19, natural catastrophes including California wildfires and hurricanes ...
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NewsPing An Insurance annual profit drops for first time since 2008
The insurer reported a 4.2% drop in annual net profit, in part due to a slowdown in agent sales.
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NewsBank of England warns insurers risk unexpected COVID losses
Insurers in Britain risk being optimistic in estimating losses from COVID-19 related claims and should stress test their underlying assumptions, the Bank of England said on Friday.
