RSA have issued a trading statement on the opening quarter of 2020, seeing a 55% drop in motor claims, but predicting a £25m payout on travel claims thanks to Covid-19. Much is still unknown of […]
The Board of the Bermuda International Long Term Insurers and Reinsurers (BILTIR) has made the very difficult decision to cancel its 2020 Bermuda International Life & Annity Conference scheduled for September 17. The popular event would […]
As Coronavirus spread, many people realised that their standard travel insurance did not cover them and millions were left stranded overseas. It’s a tough year ahead for the insurance industry, as more cancellations will mean […]
UK companies are cancelling dividends in the wake of Corona, which means many insurance companies who have millions invested in the stock market are going to take a haircut on the revenue generated. In turn, […]
Over in the USA, motor insurers continue to do the right thing and automate partial refunds on annual policies back to consumers. The trend will inevitably lead to calls in the UK for leading car […]
Given that the UK government’s daily press conference hinted today that the restrictions on movement will continue until June, it’s no surpise that the annual Goodwood Festival of Speedis postponed. The organisers are hoping that […]
The BIBA show is cancelled, just as everyone in the insurance industry expected. The organisers statement is below. Will the impact of the Coronavirus fundamentally change things for the better by bringing about more remote […]
Twitter was ablaze yesterday with keyboard warriors all pouring vitriol on Boris Johnson and the insurance industry in general. The reason was that the impact of asking people to stay indoors will cause financial hardship, […]
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