Special Coverage: COVID-19
Posted: Mar 20, 2020
U.S.-based information technology consulting firm Cynet Systems Inc. has analyzed data from Italy and found that companies with higher proportions of employees working from home due to the coronavirus outbreak saw a rise in cyber attacks.
Posted: Mar 20, 2020
Estelle Pearson, a principal at Australia-based analytics consulting firm Finity Consulting Pty. Ltd., said that the general insurance industry will not be heavily affected by the coronavirus outbreak.
Posted: Mar 20, 2020
New Zealand-based casino operator SkyCity Entertainment Group Ltd. has lost $55 million New Zealand ($32 million) due to a decline in tourism in the wake of the coronavirus outbreak.
Posted: Mar 20, 2020
The Association of British Insurers has said that most local firms that suffer sales loss due to the coronavirus outbreak are not protected by their insurance policies.
Posted: Mar 20, 2020
Insurance departments across the Southeast are notifying industry representatives of updated procedures and expectations in response to the coronavirus outbreak, while also acknowledging the potential for a serious impact on state insurance operations, agents and policyholders. In some cases, regula...
Posted: Mar 20, 2020
The outbreak is "unique in its scope and complexity of potential losses," rating agency says
Posted: Mar 20, 2020
Adjustments announced on the back of the coronavirus pandemic
Posted: Mar 20, 2020
The coronavirus outbreak has already spawned multiple lawsuits — and class actions are no exception.
Posted: Mar 20, 2020
The virus that causes coronavirus disease 2019 (COVID-19) is stable for several hours to days in aerosols and on surfaces, according to a new study published in the New England Journal of Medicine. The scientists found that severe acute respiratory …
Posted: Mar 19, 2020
U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have traveled to regions with widespread outbreaks, industry experts said. Life insurers are worried about insuring U.S. customers who have traveled …
Posted: Mar 19, 2020
U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have traveled to regions with widespread outbreaks, industry experts said. Life insurers are worried about insuring U.S. customers who have traveled …
Posted: Mar 19, 2020
California’s governor on Thursday issued a statewide “stay at home order” directing residents to leave their homes only when necessary during the coronavirus pandemic. Governor Gavin Newsom said that modeling has shown that 56 percent of California residents were expected …
Posted: Mar 19, 2020
The app establishes a central command center to safeguard the health and safety of employees, tracking health status, location, travel history and any COVID-19 incident details.
Posted: Mar 19, 2020
How European insurers are weathering the COVID-19 crisis, and five lessons learned for the benefit of markets that are yet to feel the full force of the pandemic.
Posted: Mar 19, 2020
A significant economic downturn will hurt P&C insurers’ financial results, and when P&C insurers’ finances decline sharply, there is an impact on their technology spend.
Posted: Mar 19, 2020
Carriers around the world are reassuring their customers and implementing policies to protect their associates while providing a high level of service and advancing projects in flight.
Posted: Mar 19, 2020
As workforces take up social distancing to shelter at home, the risk of attacks against corporate remote access systems goes up.
Posted: Mar 19, 2020
Lloyd’s Shuts Down London Underwriting Room Over Coronavirus Crisis After conducting a successful stress test of its electronic trading system last week, Lloyd's has made the decision to close its underwriting room in response to the coronavirus outbreak. As a ...
Posted: Mar 19, 2020
As some U.S. lawmakers move to force insurers to cover business interruption losses arising from COVID-19, there was no consensus Thursday on whether a federal backstop for pandemic losses is needed.
Posted: Mar 19, 2020
Lloyd’s Shuts Down London Underwriting Room Over Cornavirus Crisis After conducting a successful stress-test last week of its electronic trading system, Lloyd's has made the decision to close its underwriting room in response to the coronavirus outbreak. As a ...
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