Covid-19 – Page 15
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FeaturesBriefing: Covid costs now hitting reinsurance bottom line
Covid-19, Solvency II and ESG factors will all be influencing global multiline insurers’ balance sheets, says S&P Global Ratings
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NewsSmall businesses see 50% hike in insurance spending – Dext
The increase has been driven by the Covid-19 pandemic
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NewsUK car insurance premiums face biggest drop in over five years
The personal lines industry is ‘braced for one of the most turbulent times in its history’ thanks to sector-wide regulation changes
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FeaturesBriefing: Why Admiral continues to be the darling of UK insurance stocks
Described as a ’golden nugget in muddy water’, is Admiral the shareholder gift that keeps on giving?
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NewsAllianz Insurance seeks ‘judicial determination’ over restaurant chain BI claim
The insurer allegedly owes £16.4m to cover the restaurant chain’s pandemic-related losses
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NewsSlug and Lettuce owner sues three insurers for £846m over covid business interruption losses
The pub group was forced to close all 760 of its pubs, bars and restaurants
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NewsPool Re warns of ‘potential terrorist threat’ to retail and hospitality sectors as lockdown lifts
The government is considering new legislation called a ‘protect duty’ that puts greater responsibility on business owners and operators
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FeaturesCovid-19 creates tangible opportunities for intellectual property insurance
The pandemic has led to an ‘opportunity for brokers to work with clients to protect their intangible assets, which increasingly are at the heart of [a] company’s worth’
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NewsLockdown lifting set to spark crash for cash induced collisions – Ageas
The insurer’s claims director says that as lockdown has made it harder for these scams to occur, there could be a spike when restrictions lift
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NewsBritish businesses suffer average loss of £223,516 from cyber-attacks – SJL Insurance
To protect assets, companies should invest in adding cyber insurance to business policies
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NewsBroadway Insurance Brokers warns holiday makers against ‘amber gambling’ with travel insurance policies
Broadway Insurance Broker’s director of private clients says this is the next phase of the fallout following business interruption claims
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IT InterviewMGA Q&A: Dual Oliva ‘didn’t miss a beat’ during Covid-19 pandemic, providing ‘welcome consistency’ to brokers
Cliff Browne, managing director of Dual Oliva, tells Insurance Times’s head of research Savan Shah about the MGA’s new developments for the broker community and how its underwriting process stands out in the MGA market
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NewsHiscox pays out more than £5.2m of Covid BI claims following specialist broker settlement
More claims are yet to be finalised, but policyholders include British nightclubs and other live event music venues
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NewsPandemic-stricken vehicle mileage sees biggest drop since 1994 - ACSO
The consumer body is urging insurers to ‘cut the cost of car and van insurance for UK motorists and treat their customers fairly’
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IT InterviewBob Peterson: Still ‘headroom’ for pricing increases due to market ‘peaks and troughs’
Lonmar’s executive director of London market risk encourages Lloyd’s underwriters to return to the capital if they wish to retain the market’s ‘market leading, global position’
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NewsInsurers have paid more than £875m in interim and final BI payments this year
The FCA calculates that 23,933 policyholders out of 40,531 who have had BI claims linked to the test case action accepted have received at least an interim payment so far
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IT InterviewMGA Q&A: Dual Group aims ‘to be part of the solution’ for brokers post-pandemic
Dual Group’s Alan Telford tells Insurance Times’s Savan Shah about the MGA’s new developments for the broker community, as well as explains how achieving four stars from brokers in last year’s MGA survey has impacted the business
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NewsSpectator-less Olympics could cost insurers and reinsurers millions – Fitch Ratings
Payouts regarding spectators should be limited to losses from ticket sales and hospitality
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IT InterviewMGA Q&A: Mike Keating - Capacity will continue to be the main challenge for MGAs in the year ahead
MGAA chief executive Mike Keating tells Insurance Times’s head of research Savan Shah about the concerns and challenges facing MGAs and how he thinks MGAs can stay ahead of the game
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NewsLondon professional indemnity market expected to thrive over the next year – Clyde and Co
Recession, cyber threats and regulatory intervention are insurance professionals’ biggest concerns
