DBRS Issues Comment on Corona Claims for Property/Casualty Sector
DBRS Morningstar has released a commentary entitled “Coronavirus: Likely Increases in P&C Insurance Claims in Certain Business Lines; Financial Markets’ Volatility [...]
losses
CoronaVirus Could Cost Travel Industry $46bn a Month, Says Riskline Report
The COVID-19 coronavirus outbreak has impacted global travel tremendously since early February. While the initial stages of the outbreak was largely limited to China, it has [...]
Can Smart Locks Be Hacked? Probably. Cyber Insurace is The Answer
The rise of online shopping means that the problem of getting stuff delivered to your home address while you’re out is growing. Thinking of getting packages dropped off [...]
Passenger Compensation Soars, as EU261 Claims Become The New PPI
The deadline for submitting a PPI claims has passed, much to the relief of the big banks and card companies of course. But two other areas have emerged recently where [...]
Hurricane Dorian Could Cost the Reinsurance Sector Billions
The costs of Hurricane Dorian could be $25 billion according to UBS, and the storm still hasn’t made landfall on the US mainland. Dorian, which is the second-strongest [...]
Broker News: C&C Launches Credit Insurance for Business Customers
Stockport based C&C Insurance Brokers, one of the UK’s top 50 independent insurance brokers, have expanded the team and their product offering. Paul Jackson, who has [...]
Tracey Cookson Joins Tomasetti, Developing Property Loss Offer
Thornton Tomasetti, the international engineering and consulting firm, has appointed Tracey Cookson an associate director in its London office to help develop and grow its [...]
Average Cargo Theft Costs Around $77K, Says TT Club Survey
TT Club and BSI have issued the second edition of their report on global cargo theft, the first to cover a full year. Highlighted findings include: theft from road vehicles [...]