Critical Information for P/C Carrier Executives
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Today's Headlines | April 2, 2020 |
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Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay healthy. He's also plugging away trying to keep businesses healthy, as well. In his role as a senior vice president and leader of Marsh's Alternative Risk practice, Lacovara has been fielding emails and phone calls... read more | | |
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Reinsurers were able to complete the April renewals smoothly, despite being forced to move to the new working-from-home model after the COVID-19 outbreak, according to Willis Re. read more | | |
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COVID-19 could produce a big increase in social inflation, A.M. Best said in newly-issued commentary. The reason: Expectations that businesses will sue their insurers in an attempt to access their business interruption coverage for losses relating to the coronavirus pandemic. read more | | |
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Insurers are increasingly worried about shareholders, employees or customers bringing coronavirus-related claims against company executives and are considering excluding the virus from policies which protect the bosses, industry sources say. read more | | |
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National Bank of Greece SA has halted the sale of its Ethniki Insurance unit after the coronavirus pandemic dashed any lingering hopes of a successful auction, according to people familiar with the matter. read more | | |
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Lemonade is now doing business in the Netherlands, its second European country after debuting in Germany nine months ago. read more | | |
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China Reinsurance Group Corp said on Wednesday it will carefully consider its plan to set up a business entity in the United States, based on its global strategy and the implementation of Sino-U.S. phase one trade deal. read more | | |
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Marsh, a global insurance broker and risk adviser said it is acquiring Assurance, an Illinois-based full-service brokerage. read more | | |
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