All claims articles – Page 12
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Analysis
UK insurers set up pandemic steering group
The move has invited criticism; Mactavish says the ”sector has failed in its response to coronavirus”
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Analysis
Late notices are “missed opportunities” - Allied World
Delayed claim reporting can cost both carrier and insured hundreds of thousands of dollars in defence costs
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Analysis
Insurers ‘looking down the barrel’ at class action
Why the insurance industry is under fire for failing to pay business interruption claims - DMH Stallard
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Analysis
FERMA: Pandemic risk pools will provide future financial resilience
France’s CCR, Spain’s Consorcio, UK’s Pool Re and Germany’s Extremus scheme offer possible models
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Analysis
Hiscox faces legal action over rejecting coronavirus BI claims
Customers have written to the UK business secretary, Alok Sharma, with their concerns
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Analysis
Prevent losses at idle factories - FM Global
Fires, vandalism, theft, flooding and stormy weather could leave understaffed facilities vulnerable
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Analysis
COVID-19: BI policies not fit for purpose - Ludlow
Business interruption needs to cover a broader range of intangible perils, argues Airmic CEO John Ludlow
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Analysis
PERILS pegs winter storm losses at nearly €2 billion
Extratropical cyclones Sabine and Victoria were the 12th and 13th named storms of a very active 2019–20 European windstorm season
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Analysis
WTW launches COVID-19 tracking tool
Willis Towers Watson has updated its Global Peril Diagnostic modelling tool to provide up-to-date information on confirmed global COVID-19 cases alongside clients’ property portfolios.