The benefits and costs of addressing Covid-19 risks will invariably come before the courts in one form or another
Rising BI loss aggregation could see reinsurers challenge the assessment and validation of business interruption claims, particularly on large facultative contracts
A recent, very widely drafted LMA exclusion clause introduced into D&O policies could lead to expensive and protracted insurance coverage disputes for businesses
While broad exclusions were the norm in lockdown last year, transactional liability underwriters are becoming more comfortable with accommodating the different impacts of the pandemic on M&A deals
Recent research highlights major flaws in the presentation and analysis by FTSE 100 companies of risk, which is often backward- rather than forward-looking
Businesses able to transform the lessons of the pandemic into risk insights will be better positioned to mitigate a radically transformed threat landscape
As the nation inches out of lockdown, there is an increasingly urgent question as to the contingency insurance market’s appetite to write event cancellation policies
Despite the high level of civil and political unrest in the region, international carriers can support clients and underwrite sustainably by using regional knowledge and relationships in local markets
Insurers in the UAE, Saudi Arabia and Israel face increase in business interruption losses as well as premium taxes, as governments seek to replenish finances dented by coronavirus
There are strong parallels between the measures required to sustain the terrorism risk market following the September 11, 2001 attacks and what will be required to provide pandemic business interruption cover after Covid-19
In the post-lockdown world, a complete rethink of the use of the trading floors is required
Underwriters and brokers alike must be more responsive and innovative when it comes to addressing client needs to repair London’s reputation with regional and international clients
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