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General Insurance

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COVID-19 drives down car insurance prices

Car insurance prices have fallen by 6% in the UK this year as drivers stayed off roads during the coronavirus lockdown, research from Moneysupermarket.com has found.
6th July 2020
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COVID-19 to hit insurers three times harder than last financial crash

The coronavirus crisis will hit insurance premium growth three times harder than the 2008 financial crash did, forecasts by Allianz suggest.
1st July 2020
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Sunak unveils autumn review of Solvency II

The Treasury has announced plans for a review of the Solvency II regime to take place in the autumn.
24th June 2020
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Covid-19 forces decline in Japan’s life insurance sector

Japan’s life insurance industry is expected to contract by 1% this year compared to the 2 per cent growth registered in 2019, according to data and analysts specialists GlobalData.
24th June 2020
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Insurers see climate change and cyber security as bigger risks than Brexit

The number of insurers identifying Brexit as a key risk has fallen by half in the past year with climate change and cyber security now rising priority areas.
24th June 2020
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India's general insurance market facing stagnation

The growth rate of India's general insurance industry is set to more than halve this year as a result of the COVID-19 pandemic, analysis by GlobalData suggests.
16th June 2020
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COVID-19 has damaged insurers' reputation, say two-thirds of brokers

Two-thirds of UK insurance brokers believe that the industry's reputation has been damaged during the COVID-19 crisis, a recent survey has uncovered.
16th June 2020
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Stochastic claims reserving models: taking the one-year view

Stochastic claims reserving models are not widely understood – but Robert Scarth wants to change this. Here, he discusses models for one-year risk
4th June 2020
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Insurance pricing: the proxy problem

If we want to avoid discrimination in insurance pricing, we need to be able to take protected characteristics into account, say Mathias Lindholm, Ronald Richman, Andreas Tsanakas and Mario Wüthrich
4th June 2020
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Insurers facing unprecedented losses of over $200bn

The global insurance industry is facing losses in excess of $200bn (£165bn) this year as the coronavirus crisis triggers record payouts while slashing investment values, Lloyd's of London has warned.
18th May 2020
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