Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday September 14, 2020 By Benjamin Robertson and Lucca de Paoli Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
UK Insurers Cite Swedish Example in Bid to Dodge Coronavirus Biz Income Payouts June 17, 2020 By Lucca de Paoli Insurers are set to argue against paying out fully on claims made by businesses forced to shut because of the...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
AXA Plans to Form $156B Asset Management Unit, Catering to Alternative Assets March 11, 2020 By Lucca de Paoli AXA SA plans to create a 137 billion-euro ($156 billion) asset-management unit to cater to the growing demand for real...
Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions March 4, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from...
Markets Are Overreacting to Threat of Coronavirus: Allianz CEO Baete February 26, 2020 By Lucca de Paoli and Suzy Waite Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term...
Aviva to Retain China, Singapore Businesses After Conducting Asian Review November 18, 2019 By Lucca de Paoli and Benjamin Robertson Aviva Plc, the U.K. insurer that’s overhauling some businesses as part of its chief executive officer’s turnaround plan, is to...
Mad Cow Disease Confirmed on UK Farm – First Case Since 2015 October 19, 2018 By Lucca de Paoli and Rudy Ruitenberg Mad cow disease has been found on a U.K. farm for the first time since 2015, raising concern that some...