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Investment bank analysts have calculated and explained how the huge insured losses from COVID-19 are likely to pan out for the industry, particular companies and lines, and are affecting already firming prices. Intelligent Insurer reports. 30 April 2020
Insurance
The carrier was hit by $325m of underwriting loss attributed to the COVID-19 pandemic in the first quarter of 2020. 29 April 2020
Insurance
The re/insurer has estimated net claims provision of $235m for the COVID-19 pandemic. 27 April 2020
Insurance
Moody's expects the coronavirus-related economic downturn to weigh on its earnings volatility. 27 April 2020
Insurance
New report suggests that a significant increase in investment gains resulted in the capital growth. 27 April 2020
Insurance
COVID-19 related losses to be one-off and manageable for SCOR, but weaker profitability is expected until the end of 2021. 24 April 2020
Insurance
The ratings reflect the group’s balance sheet strength, which AM Best categorises as very strong. 24 April 2020
Insurance
Reinsurers are facing three options - retain current strategy, de-risk balance sheet, or hedge. 23 April 2020
Insurance
The pandemic has exacerbated their existing challenges, political turmoil and contributed to the overall economic slowdown. 23 April 2020
Insurance
Catastrophe losses for the quarter included a $65m preliminary provision for COVID-19 related claims. 23 April 2020
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