Industry Segments: Business Interruption Page 4 / 6
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- October 21 2020
“Have a plan” for response to BI test case: ASIC
Australia's P&C insurers and Lloyd's coverholders need to coordinate action and communication.
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- October 8 2020
Lloyd’s Neal bullish on 2021, says pandemic was “wake-up call”
He expects business to grow by around 13% next year.
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- October 5 2020
Australia BI test case nears completion and decision
The ICA notes a "swift determination" will provide "greater clarity" for insurers, regulators and customers.
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- September 23 2020
Covid-19 to sustain “adverse” market effects
There will be ongoing pressure on premiums and claims according to consultant Taylor Fry.
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- August 14 2020
ICA launches Covid-19 BI test case with Hollard and HDI
The firms have offered their claims to form the basis of the Covid-19 test case.
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- August 11 2020
SE Asia to confront increase in wildfires
A report from data analytics firm Twenty Four Seven examines the decade 2030 to 2040.
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- August 6 2020
Malaysia’s liberalisation to drive “structural changes”
Zainudin Ishak, CEO of Malaysian Re, says it could increase competition and drive risk-based pricing.
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- July 31 2020
Lloyd’s reaches out to Asia’s regulators on pandemic risk
Risk pools in the US and Europe point to potential market-government frameworks.
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- July 31 2020
ICA to conduct BI test case with regulator
The ICA is working together with the Australian Financial Complaints Authority in the courts.
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- July 30 2020
Chubb’s McNamee on adaption, risks in Asia
The US giant's regional CEO remains bullish, as change accelerates as a result of Covid-19.
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- July 30 2020
Sun Life hedging bets on “dynamic” Asia for future acquisitions
Asia's contributions to company income are expected to grow to 25%.
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- July 29 2020
Hong Kong market growth to stall from Covid impact
Authorities push cross-border initiatives to bolster new business.
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- July 14 2020
Aon’s Case says pay cut was “fact-driven decision”
The broker's chief executive defends company's decision to cut staff salaries.
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- July 2 2020
QBE’s Hammond on transformation and growth
The Asia chief executive discusses Covid-19, going digital and restructuring.
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- June 30 2020
Suncorp could axe raft of exec positions this week: report
A wholesale restructuring strategy will be announced this week.
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- June 25 2020
Lloyd’s Covid-19 loss estimate too high: bank
An investment bank pushes back on US$100bn loss estimate - stating claims will be far lower.
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- June 25 2020
IAG NZ shutters 54 shops as digital gains ground
Covid-19 has accelerated digital trends and highlighted consumer preferences.
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- June 22 2020
Ergo’s China moves: CEO Schmitz on its “central role”
Why the Munich Re-owned German insurer is convinced of the need to invest in the region.
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- June 18 2020
Singapore’s (re)insurers move into second phase of reopening
The move comes after a prolonged lockdown.
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- June 16 2020
Billions on the line as BI wording goes to trial
Test case could speed up the resolution of disputes for firms including Arch, MS Amlin, QBE and Zurich.