The insurance industry is building new policies to cover the booming crypto and NFT sectors. Earlier in April the UK government announced plans to authorise the use of stable coins as payment, with FCA regulation […]
Latest from the FCA; a definite win for the pensioners after a long battle, although why such poor advice was given out after the Tata exit, in a supposedly highly regulated market, is baffling. These […]
Latest from the Swiss Re Institute, who are looking at the global impact of flood events; Natural catastrophes in 2021 resulted in a total global economic loss of USD 270 billion and insured losses of […]
A jury ruled in favor of Cincinnati Insurance Co Inc. last week, in the first jury trial concerning a pandemic-related business interruption claim.The Missouri jury determined that Cincinnati does not have to pay to cover losses incurred by […]
We cherry-picked some interesting data from the latest Hannover Re financials; Group net income in the first nine months of the financial year was up by 28% which is impressive, here’s some details. Group net […]
With theft claims up by 171% this summer, Urban Jungle, the home insurance provider, is encouraging city workers to watch out for their laptops and phones as our social lives resume post-lockdown. As millions enjoy pubs […]
RMS®, the world’s leading catastrophe risk solutions company, estimates that the total U.S. insured losses from Hurricane Nicholas to be between US$1.1 and US$2.2 billion. This estimate represents insured losses associated with wind, storm surge, and […]
Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has published its 2021 M&A claims briefing. This is the second annual briefing based on the company’s analysis of Liberty GTS’s own M&A insurance claims […]
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