Top

Tag: coronavirus losses


Activity, Insurance

Insurers Winning Most, But Not All, Covid-19 Business Interruption Lawsuits

November 30, 2020

Via: Insurance Journal

In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen professional baseball teams and an iconic Hollywood restaurant failed. Since Covid-19 sparked government-ordered shutdowns in March, judges have dismissed more […]


Activity, Insurance

Global Reinsurers’ Coronavirus Claims Jumped in Q2: Moody’s

August 27, 2020

Via: Insurance Journal

During the second half of 2020, global reinsurers reported anemic earnings amid an increase in coronavirus claims, although investment returns rebounded, Moody’s Investors Service reported. A bright spot was strong pricing momentum and capital levels remains healthy, but a high […]


Activity, Insurance

Coronavirus Claims of Estimated €80B Are ‘Manageable’ for Europe’s Insurers: Moody’s

July 17, 2020

Via: Insurance Journal

The coronavirus outbreak has had an adverse, but manageable, impact on the European insurance sector, leading to a drop in company earnings rather than capital erosion, says Moody’s Investors Service in a report. Central bank intervention has reversed much of […]


Activity, Insurance

Insurers’ Loss Estimates Linked to Coronavirus Range Widely: Analysis

May 5, 2020

Via: Insurance Journal

Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars in losses they face, and what the fallout will be for their massive investment portfolios. Executives, lawyers and analysts say […]