Japan’s top 10 insurers are vulnerable to rising claims and declining investments due to their strong dependence on the individual life insurance market, according to a leading data and analytics specialist.
Europe’s insurers are warning against conclusions being drawn too fast about Covid-19 and are demanding a long-term perspective on the pandemic’s impact on the sector.
A strategy setting out key priorities in a “radically altered new world” up to 2024 has been unveiled by the Institute and Faculty of Actuaries (IFoA).
Campaigners doorstep Lloyd’s for insuring coal and tar sand Climate change campaigners yesterday protested at the headquarters of Lloyd’s for insuring coal and tar sands operations around the world. Insure Our Future, a global network of non-government organisations and social activists, claims Lloyd’s has become the “insurer of last resort” for fossil fuel projects, including the proposed Adani Carmichael coal mine in Australia, the Trans Mountain tar sands pipeline in Canada and reinsuring Polish coal mines. The campaigners argue 19 global insurers have restricted insurance and investments
The insurance sub-market for the gig economy is expected to fall in the short-term and face more serious consequences in the future if companies follow Just Eat’s decision to classify staff as full-time employees.
