News Coronavirus watch

Australia: Second COVID-related business interruption test case commences

The Insurance Council of Australia (ICA) yesterday welcomed the commencement of proceedings in the Federal Court of Australia to test the application of further issues in relation to pandemic coverage in business interruption policies.

AIR team | 25 Feb 2021

Global: Uncertainty moderating around evolution of COVID-19

S&P Global Ratings says that it believes there remains high, albeit moderating, uncertainty about the evolution of the coronavirus pandemic and its economic effects.

AIR team | 25 Feb 2021

Global: COVID-19 expected to boost reinsurance growth despite losses faced by reinsurers

Paris headquartered SCOR says that COVID-19 is helping to create the conditions for stronger reinsurance growth along with a positive pricing dynamic, even though the pandemic cost the global reinsurance company EUR640m ($777m) in 2020.

AIR team | 25 Feb 2021

Macau: Insurer selected to provide vaccine cover

The Macau government has selected Fidelidade Macau - Insurance Company to provide insurance coverage for possible adverse reactions/side effects of the COVID-19 vaccines under the "COVID-19 Vaccination Programme". This insurance covers persons...

AIR team | 15 Feb 2021

Australia: IAG posts first-half loss of US$365m due to BI provisions

AIR team | 11 Feb 2021

Malaysia: Reinsurer expects COVID-19 related claims to be limited

AIR team | 11 Feb 2021

India: COVID-19 helps lower claims related to vector-borne diseases

09 Feb 2021

Morocco: Insurance sector studies measures to curb medium and long-term impact of pandemics

MEIR team | 08 Feb 2021

Past Articles

Asia: People take more control of health and retirement amid COVID-19

08 Feb 2021

Bahrain: Insurance sector expected to take 3 years to recover from impact of COVID-19

07 Feb 2021

Singapore: Insurers to cover hospitalisation costs incurred due to COVID-19 vaccination complications

26 Jan 2021

Australia: Fitch says overall COVID-19 losses will be manageable for insurers

26 Jan 2021

Pandemic continues to make urban India insecure

21 Jan 2021

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