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  • FTSE 350 pensions return to deficit

    Added: Tue, 05/05/2020 - 15:23
    The accounting position of defined benefit (DB) pension schemes at the UK's 350 largest listed companies returned to a deficit at the end of last month as COVID-19 continued to hit the economy.
  • UK pensions suffer record losses

    Added: Mon, 04/05/2020 - 16:43
    UK pension funds endured their worst-ever quarterly performance in the first three months of this year as the coronavirus outbreak devastated global stock markets.
  • COVID-19 general insurance losses of up to $80bn forecast

    Added: Mon, 04/05/2020 - 15:05
    The coronavirus crisis could result in general insurance losses of up to $80bn (£64bn) across key classes in the UK and US, new research by Willis Towers Watson (WTW) has suggested.
  • Pension schemes to issue COVID-19 transfer warnings

    Added: Thu, 30/04/2020 - 12:32
    Defined benefit (DB) pension schemes have been told to warn members that transferring to a defined contribution (DC) scheme during the COVID-19 pandemic is unlikely to be in their long-term interests.
  • Insurers urged to champion green COVID-19 recovery

    Added: Thu, 30/04/2020 - 12:20
    Global insurers must use their expertise as professional risk managers to champion a fair and green economic response to the coronavirus crisis, a group of NGOs has urged.
  • Insurers expect £1.2bn in COVID-19 payouts

    Added: Mon, 27/04/2020 - 17:51
    UK insurance companies expect to pay over £1.2bn in support for businesses and individuals affected by the COVID-19 crisis, the Association of British Insurers (ABI) has revealed.
  • Reinsurers facing $30bn capital squeeze

    Added: Fri, 24/04/2020 - 17:31
    Global reinsurance capital could be slashed by around $30bn (£24bn) as companies look to de-risk their balance sheets by holding cash during the coronavirus crisis.
  • 'Green zones' proposed to end lockdowns

    Added: Fri, 24/04/2020 - 13:42
    Dividing countries into 'green zones' with low levels of coronavirus risk, and gradually joining them together, could see social and economic interaction returned to normal within two months, a new study suggests.
  • Stability of insurance industry threatened by forced payouts

    Added: Wed, 22/04/2020 - 14:11
    Forcing insurance companies to cover financial losses brought on by COVID-19 when their policies did not include coverage for pandemics would threaten the stability of the entire global insurance industry, insurers have warned.
  • COVID-19: Investors set out expectations for investee companies

    Added: Tue, 21/04/2020 - 15:53
    More than 250 institutional investors managing over $8.2trn (£6.7trn) in assets have called on their investee companies to minimise the financial and societal disruption brought on by COVID-19.

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