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Covid-19 reveals the cracks in the US insurance system
20 April 2020US insurers have been getting a beating in their response to the Covid-19 crisis. Their latest move to rebate auto premiums shows the fissures in their approach and the lack of a cohesive regulatory response. Sarfraz Thind reports
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Insurance Ireland to examine Covid-19 driver refund scheme
20 April 2020The insurance body has been under pressure from Irish politicians to 'do the right thing' by customers
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Six insurers face US lawsuits over Covid-19 claims denial
20 April 2020Certain underwriters at Lloyd's of London are facing legal proceedings
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Worst-case scenario could see up to five million Covid-19 deaths in the US
16 April 2020Society of Actuaries publishes Covid-19 mortality modelling survey
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Tropical Storm Risk predicts above average hurricane season
08 April 2020Warmer than normal North Atlantic ocean temperatures are likely to play a part
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US motor insurers return $800m in premiums to customers hit by Covid-19
07 April 2020Allstate and American Family move comes as lobbyists pressure insurance industry
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Retroactive BI liabilities for Covid-19 jump 13% for US insurers
07 April 2020Virus spread spurs APCIA to revise its estimates for potential business interruption damage
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US insurers in Covid-19 coverage crisis
24 March 2020Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports
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AAIC's ERM journey: inspired by Europe
25 February 2020AAIC's CRO Lorie Graham started the company's ERM programme in 2008 at a time when the US reinsurance sector had few models to look at. So she took her inspiration from the Europeans, she tells Sarfraz Thind
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Aegon second half earnings hit by challenging US conditions
13 February 2020Net income down 5% from previous year as Transamerica struggles on low rates