The high death toll and tragedy associated with the Covid-19 outbreak cannot be downplayed, but the current crisis may also have a potentially significant impact for some insurers, with the wider industry set to learn some important lessons, says Securis partner Luca Tres.
In an exclusive wide-ranging interview with The Insurer, Greg Case and John Haley, chief executives of Aon and Willis Towers Watson (WTW) respectively, discuss the significance of the Aon-WTW deal in the wake of the global pandemic, while sharing their thoughts on the future of the industry.
The UK faces its worst public health crisis in 100 years and its worst economic crisis since the 1930s. So I think all of us in the market need to start with realistic expectations of the UK Government’s current capacity when it comes to discussions about future public-private partnerships to ...
Hyperion Group CEO David Howden has come to the defence of embattled carriers who are currently targets of Covid-19 brickbats by hailing some of the criticisms as opportunistic and “unjustified“.
There is a lot riding on whether claims emanating from the Covid-19 crisis filter through to the insurance-linked securities market.
The global Covid-19 pandemic has presented the (re)insurance industry with an opportunity to “redress the imbalance” of how carriers and brokers alike are viewed in the eyes of its customers and the general public, says London & International Insurance Brokers’ Association (LIIBA) CEO Chris Croft.
For the last sixty-three years, over a long weekend in September, in the “billionaires playground” that is Monte Carlo, the crème de la crème of our industry have gathered.
Digital trading has been taken up at an exponential rate since Lloyd’s closed its underwriting floor on 19 March, and its subsequent success means document-based trading will be a thing of the past even when social distancing measures are lifted, predicts Brit Insurance CEO Matthew Wilson.
Since the Lloyd’s of London underwriting floor closed in response to the global pandemic in March, risks placed on the PPL platform have reached record highs, with other electronic platforms also reporting a surge in risks bound.
In developing an industry response, it is critical that we act swiftly and coherently, that we do not appear defensive and that our perspectives are thoughtful, sensitive and well communicated. If we get on the front foot now and deliver long-term solutions, then the industry will be treated better by ...
Our third virtual Covid-19 roundtable highlights how the industry’s smarter leaders are approaching the crisis.
While the economy remains in a state of flux over the coronavirus, Pool Re CEO Julian Enoizi outlines the ways governments could emulate the HM Treasury’s unlimited support of the UK’s terrorism pool to create insurance markets for risks that are currently commercially unviable…
As focus sharpens on who will pick up the cost of the fallout from the coronavirus, director general of the Association of British Insurers (ABI), Huw Evans, discusses how the industry can pull together with governments and do more to protect the world from future pandemic risks…
As businesses, individuals, politicians and lawmakers grapple with the economic fall-out from the Covid-19 pandemic, the potentially harsh glare of the global spotlight is turning on the insurance industry.