All #claims articles
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NewsCyber war exclusions boost likelihood of claims litigation
A lack of standard, battle-tested definitions in cyber policies makes litigation more likely amid the conflict in Ukraine, warns Moody’s
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Summer floods drive 2021 cat losses - CRESTA
The Fukushima earthquake, floods in Henan province and most recently Typhoon Rai in the Philippines are among major cat events
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Beazley launches Lloyd’s first ESG syndicate
Syndicate 4321 will support those businesses that invest in ESG by offering additional capacity on a multi-line basis
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FERMA Talks: The cyber conundrum
“We can’t leave insureds under-protected on cyber” as industry works through systemic risk potential
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Zurich considers AI-related emerging risks
Liabilities could arise from the unintended consequences of decisions made by algorithms and artificial intelligence
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NSW and Queensland flood claims at $916m
PERILS has updated its loss estimate for the New South Wales and Queensland floods of 18 to 24 March 2021
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COVID erodes macroeconomic resilience - Swiss Re
There is lowest insurance resilience for natural catastrophes, with a record protection gap of $1.4 trillion
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AXA’s Asian operations hit by ransomware attack
It comes a week after AXA said it would be dropping extortion payments when underwriting cyber-insurance policies in France
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ICA declares Cyclone Seroja a catastrophe
Destruction of the built environment is “severe” in a region of Western Australia not normally affected by windstorms
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In support of a green economy
Europe and Asia suffer from some of the most severe fossil-fuel-company insured losses in the world, according to PCS data
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Vietnam flood model launches
Fully probabilistic model provides countrywide coverage and enables insurers to assess their exposure to floods, which affect 70% of the country’s population
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Australian bushfire claims reach A$1.86 billion
The figures were released six months after the worst Australian bushfire season on record, known as the ‘Black Summer’ - PERILS
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China’s RTW covers potentially flawed - Fitch
The return-to-work BI policies are aimed at supporting the resumption of production and work within the Chinese economy
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Prevent losses at idle factories - FM Global
Fires, vandalism, theft, flooding and stormy weather could leave understaffed facilities vulnerable
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Claims from February Australian floods reach A$794m
Property losses from the February east coast low make it the third largest such event in the last three decades - PERILS
