UK offers COVID-19 insurance for screen productions
A government-backed COVID-19 insurance scheme for the UK television and film sector was formally launched last Friday following state aid approval from the European Union.
Claims trends and risk exposures shift during COVID-19
According to a new report from Allianz Global Corporate & Specialty (AGCS) called 'COVID-19 – Changing Claims Patterns', claims trends and risk exposures in different lines of insurance are likely to evolve in both the mid- and long-term as a result of the COVID-19 pandemic.
Nearly 9 of 10 workers prefer keep home working option
Nearly nine out of 10 workers want to be able to choose whether to work from home or the office once COVID-19 workplace restrictions ease, and have greater autonomy over their hours, according to research from Cisco Systems.
COVID-19 creates opportunity to narrow protection gap
The insurance industry has not been spared the devastating impact COVID-19 has had on the global economy. There is, however, a consensus that the pandemic has brought the protection gap in Asia to front-of-mind and raised consumer awareness of the need to be financially protected enough that (re)insurers need to capitalise on this window of opportunity.
Top risks facing businesses in the Asia-Pacific region
The World Economic Forum (WEF) has today published its survey on ‘Regional Risks for Doing Business 2020’ which has identified that the top risk concern facing businesses in the Asia-Pacific region today is the spread of infectious diseases.
Global M&A market marks positive performance
Despite the impact of the COVID-19 pandemic on dealmaking, the global M&A market has recorded its first positive performance in three years for completed deals, according to a report by Willis Towers Watson.
Beazley offers cyber and breach response portal
Specialist insurer Beazley has launched a cyber and breach response portal containing an all-encompassing set of resources designed to help broker partners and coverholders stay informed and educated on the constantly evolving cyber risk landscape.
How insurance brokers are growing their value proposition
Capgemini recently released its World Insurtech Report for 2020, in which a major theme was that insurers must turn their focus to meeting the digital needs of customers as big technology firms and non-traditional players continue to enter the insurance space.
China insurance association issues social responsibility report
This is the first of its kind for the insurance sector, focusing on the five areas – nation, society, industry, environment, and individuals – outlining the main work completed by the insurance industry in meeting its social responsibility in 2019.
Cyber risk could eventually be too much for insurance industry
Senior insurance professionals worry that the world’s dependence on online technology has grown so great that it may surpass the industry’s capacity to fully protect it, according to the upshot of a series of interviews conducted by CyberCube CEO Pascal Millaire.