Pandemic
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Eiopa chief calls for progress on systemic risk PPPs
Petra Hielkema, chair of the European Insurance & Occupational Pensions Authority (Eiopa), has again urged European Union decision-makers to consider…
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Covid-19 could drive excess mortality rates for next decade: Swiss Re
Excess mortality rates are continuing to be driven upwards by Covid-19 and could remain high for the next ten years,…
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London ExCel venue wins landmark Covid-19 BI appeal
The UK Court of Appeal has ruled in favour of policyholders and the owner of London’s ExCel conference and exhibition…
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Insurance market finally flattens after seven years of hardening: Marsh
Primary global insurance rates have flattened during the last three months after rising every quarter since the beginning of 2017,…
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NY bill would add new class of standalone business interruption cover
A bill has been introduced in the New York Senate that would amend insurance law to allow insurers in the…
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Thai Covid policyholders offered deal by regulator
The General Insurance Fund (GIF) of Thailand is reportedly presenting policyholders who have Covid-19-related loss claims with a choice of…
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Absenteeism drops dramatically in France
The levels of absenteeism in French companies dropped sharply in 2023, especially among large corporations, new research shows. The survey,…
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UK insureds slowly winning the war on Covid-BI litigation
As Covid-19 business interruption (BI) insurance claims continue to grind their way through the English Courts, UK businesses are slowly…
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Supply chain pressures ease for German companies: Ifo
The supply chain crisis that came to a head during the Covid-19 pandemic has subsided and German firms have started…
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Covid BI litigation slowly favouring policyholders but key questions remain
Policyholders continue to make progress in their fight to recover Covid-19 business interruption losses from insurers, although the settlement of…
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P&I Clubs to increase rates by 5% to 7.5%
All 12 mutual members of the International Group of P&I Clubs will increase premium rates at the 20 February renewal,…
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Risk and insurance dominate Swiss political agenda in 2024
The Swiss electorate will vote on four issues at a federal level on 9 June, with two initiatives on health…
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European health leaders warn of continued pandemic threat
As memories of the Covid-19 pandemic fade – to be replaced by concerns over more pressing threats such as the…
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QBE Covid BI interest charges a victory for policyholders
The news that QBE paid more than £386,000 to companies for delays in covering Covid-19 related business interruption (BI) losses…
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Policyholders suffer key defeat in Allianz appeal victory
The UK Court of Appeal this week handed down judgment in Various Eateries Trading Ltd v Allianz Insurance Plc, in…
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Cyber and BI remain biggest concerns while fears over political threats rise in Allianz Barometer
Cyber and business interruption remain the biggest concern for companies across the world, according to the latest Allianz Risk Barometer.…
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Stonegate settles Covid-BI case with insurers
UK-based hospitality group Stonegate has settled its disputed Covid-19-related business interruption (BI) claim with insurers ahead of its appeal, which…
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Specialty broker Consilium books 35% growth and targets further expansion
Specialty broker Consilium has reported 35% growth in revenue for the year ending June 2023, booking gross written premiums of…
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Fears over ability to deal with emerging risks as AI shoots up AXA ranking
Risks from artificial intelligence (AI) and big data have shot up the ranking in AXA’s latest Future Risks Report to…
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Munich Re and International SOS combine on pandemic insurance solution
Health and security consultants International SOS is partnering with Munich Re to provide health advisory services to its pandemic policyholders.…