ID Comment: Covid-19 puts pandemic backstop in frame
Creating more effective markets for pandemic-related cover may require government backstops
Jump To
Top Stories
Aviation war market warned of 'eye-watering' accumulations as fleets stay grounded
Increased exposures add to already challenging year for class
Access your daily edition of Insurance Day
Visit our PDF library to download
Sign up now for Insurance Day's London Market Forum webinar
Tune in at 3 pm on April 30 to hear top leaders from Convex, Aon and Axis debate the biggest issues facing the market
Covid-19 BI losses ‘could be widespread’ if insurers lose New Orleans case
Debate centres on whether presence of virus constitutes damage to property
Coronavirus Updates
Aon to buy Willis Towers Watson
Aon confirms $30bn purchase of Willis Towers Watson
Combined entity will go to market under the Aon brand
Insurance Day Events & Awards
Insurance Day Podcast: The Future at Lloyd’s
Insurance Day’s London Market Forum examined Lloyd's modernisation, market culture, innovation and insurtech. In this podcast, Lorenzo Spoerry and Scott Vincent discuss the key talking points from the event
London Market Forum: Syndicates must continue drive for price adequacy
Lloyd’s is expected to unveil next phase of Blueprint One early next year
The Future at Lloyd's
Lloyd’s silent cyber scrutiny 'strengthens need for cross-class audits'
Insurers urged to strengthen monitoring of cyber exposures across all perils as regulators increase focus
Loss Updates
.jpg)
Australian bushfire bill to escalate as denial of access claims emerge
Claims volumes expected to soar in coming weeks amid favourable conditions for bushfires
March Highlights
ID Comment: Coronavirus will put industry’s reputation on the line
Insurers’ response to the coronavirus crisis will be subject to scrutiny, both now and during the recovery phase
Chaucer's Fowle: 'Some of our clients don't want to use Lloyd's Brussels'
The specialty carrier is pursuing ambitious growth plans outside Lloyd’s but it will remain a Lloyd’s-centric business at heart, its chief executive, John Fowle, says
Regulars
Deeper insight into market trends
Insurance Day’s regular sections, providing clarity on market trends and insight into their implications
ID Comment
ID Comment Company News
ID Comment: The meaning of insurance is under threat from legislators
Efforts by New Jersey legislators to make insurers retroactively liable for Covid-19-related business interruption losses should worry everyone
ID Comment: Coronavirus will put industry’s reputation on the line
Insurers’ response to the coronavirus crisis will be subject to scrutiny, both now and during the recovery phase
Argo: Tough task ahead for Rehnberg as CEO contract confirmed
Kevin Rehnberg will need to deliver significant improvements to Argo’s underwriting performance after being handed a three-year contract to lead the Bermudian re/insurer
Stockwatch
Stockwatch Company News
AIG stock sinks 16% amid $3bn life shortfall fears
Several insurance stocks see double-digit falls as equities recovery proves short-lived
StockWatch: Talanx shares surge 44% as insurance stocks rebound
European insurance stocks rally 27% after US stimulus prompts historic bounce
StockWatch: Insurance stocks in freefall on coronavirus fears
Quarter wiped off insurance share prices in a single week
Stockwatch: Argo Group shares plummets 40% in a month
Insurance stocks down 20% year-to-date after dramatic market crash
Hot Topics
Making complex issues simple
Focusing on what matters to the market, understanding the forces that are shaping the industry
Future at Lloyd’s
Lloyds Company News
Pressure of Lloyd’s efficiency drive shows as carriers exit Asia hubs
Lloyd’s hubs in Asia have seen several closures recently, although appetite for Asian risk among London’s carriers is varied and the closure of regional operations is by no means permanent
Fitch places Lloyd's on ratings watch negative on Covid-19 fears
Rating agency says spike in claims could eat into earnings
TMK 510 is top-performing blue chip syndicate in 2019
Catlin 2003 produces worst underwriting performance among 10 largest writers
Lloyd’s CEO Neal paid £1.6m in 2019
Inga Beale continued to be paid as Lloyd's employee in 2019 after stepping down as CEO
Coronavirus
Coronavirus Company News
The week in charts: More blank sailings, China shows early signs of recovery
There was a considerable jump in the number of blank sailings announced on deepsea trades this week, while the Baltic Capesize Index moved into positive territory for the first time since late January
Chinese lessors warn on rising shipping defaults
But bank-backed leasing houses are said to be financially confident as they can tap the inter-bank market for liquidity rather easily
Singapore exempts maritime from virus-linked suspension
Prime Minister Lee Hsien Loong said the suspension would not apply to economic sectors deemed ‘strategic’ or that ‘form part of a global supply chain’
Antwerp prepares for crisis and beyond
Box ports may face changing supply chain needs in a post-coronavirus world
Aon buys Willis
Market News
All rights reserved
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.