News

  • US business interruption legislation could wipe out half of insurers' capital

    06 May 2020

    Lawmakers in seven US states have filed bills requiring retroactive BI coverage

  • Allianz CEO: hitting profit guidance these days like "millimetre-perfect landing in a hurricane"

    06 May 2020

    Oliver Baete justifies pulling 2020 guidance, but signals enduring dividend policy

  • Sampo profit nosedives in Q1

    06 May 2020

    Drop in investment value was a key factor

  • Allstate profits down 57% on investments in Q1

    06 May 2020

    But P&L underwriting income jumps 92% on fewer drivers in pandemic

  • Hannover Re reserves €220m for Covid-19 losses

    06 May 2020

    Otherwise Q1 went "as planned" for reinsurer

  • Direct Line's travel business set for £44m claims if restrictions persist

    06 May 2020

    UK insurer expects further costs of £70m related to Covid-19

  • Axa predicts around €500m Covid-19 claims from event cancellations

    06 May 2020

    Full-year earnings to feel "material impact" from pandemic

  • Hiscox to raise £400m for opportunities after Covid-19

    06 May 2020

    Rates are improving in the US wholesale and reinsurance markets

  • Prudential Financial reports Q1 loss of $271m

    06 May 2020

    Includes $698m pre-tax investment losses

  • France progresses plan for pandemic insurance pool

    05 May 2020

    Funding options are being explored and it could follow the model of France's public reinsurer CCR