Commercial Lines articles – Page 101
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NewsInsurance sector 'takes no pleasure' in declining Covid-related BI claims, insists ABI
In an open letter to SME signatories, the ABI director general says state support is the only way to make pandemic insurance affordable for small businesses
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NewsCovid-19 is ‘kick ass call to action’ for insurers to move away from traditional working patterns
The Covid-19 pandemic and associated lockdown regime is a “kick ass call to action” for insurance companies to reinvigorate working patterns to adapt to “new social norms” once offices re-open.
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NewsAviva and Zurich UK among insurers contributing to new industry-wide coronavirus support fund
The fund is supported by members from the ABI, Biba, Lloyd’s and the London Market Group
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NewsWebinar Special: Matt Pini on how Covid19 impacts on Lloyd’s, London market and rates
Mat Pini says Lloyd’s and London market is coping ‘admirably’ with the impact of Covid19, he also gives view on rates
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NewsAIG reveals new ‘largest ever’ Lloyd’s Syndicate 2019
It will allow AIG to continue its strategy for optimising its general insurance portfolio
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NewsWillis Towers Watson predicts up to $13.9bn market loss for BI and contingency lines due to Covid-19
The firm’s insurance consulting and technology business says the effectiveness of policy wordings is a key uncertainty
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NewsHiscox considers raising new equity in response to Covid-19 uncertainty
Despite this approach, the insurer announced on the London Stock Exchange that its ‘funding positions remain robust’
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NewsPioneer and K2 agree terms for underwriting portfolio transfer
The deal is expected to close by the end of Q2
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NewsCovid-19 pandemic event could be most expensive ever for insurers, says Lloyd’s chief
Pandemic could cost hundreds of billions, says John Neal
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AgendaCryptocurrency cover comes with need for expertise
Policy was created by Lloyd’s syndicate Atrium and has flexible limits
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NewsAviva chairman Adrian Montague to lead City coronavirus task force
More than 40 City leaders have been contacted for pro-bono assistance
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Online onlyBroker rolls out coronavirus-adapted employee benefits package for staff
The new package has been adapted to the Covid-19 pandemic with video sessions and webinars on offer
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NewsLloyd’s Lab reveals fourth cohort of insurtechs
The global (re)insurance market accelerator has unveiled twelve new insurtech disruptors to join its programme
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NewsUK insurers brace as bosses could face coronavirus-related D&O claims and legal action
An uptick in litigation targeting directors and officers is a likely consequence of the Covid-19 pandemic
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NewsReSolution Underwriting Holdings buys technical underwriting MGA
The purchase has been designed to expand the firm’s breadth of business
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NewsLloyd’s board grants Blenheim Underwriting approval to establish new MGA
The company now plans to apply for regulatory approvals
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NewsLloyd’s boss confident it can weather Covid-19 storm as it returns to profit
Its combined ratio saw an improvement of 2.4 percentage points
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Online onlyFitch Ratings revises London market insurance sector outlook to negative amidst coronavirus pandemic
Fitch Ratings said the move reflected the “disruption and the related impacts on the credit quality of London Market insurers” caused by the outbreak
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Online onlyFOS reveals most complained about insurers
New data from the Financial Ombudsman Service reveals which insurers consumers are complaining about the most
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NewsLMA publishes policy wordings to protect renewals if Covid-19 makes Lloyd’s inaccessible
The association feels it is ‘prudent to ensure Lloyd’s customers are not left without coverage’
