Insurers Face ‘Mind-Blowingly’ Large Loss if Olympics Canceled January 28, 2021 By Carolyn Cohn and Noor Zainab Hussain LONDON — Insurers are facing a $2-3 billion loss if the Tokyo Olympics are canceled this year, amounting to the...
Insurance Market Lloyd’s of London Returns to Profit, Braces For Coronavirus March 26, 2020 By Sinead Cruise Lloyd’s of London reported its first annual pretax profit in three years on Thursday, thanks to tighter underwriting and robust...
Rain-hit Cricket World Cup May Cost Insurers Millions June 19, 2019 LONDON — Lost revenues from a record number of rain-hit cricket World Cup games in England and Wales may result...
University of Hawaii Turned Down Concert Insurance July 16, 2012 University of Hawaii turned down concert insurance when $200,000 was paid for a Stevie Wonder concert that officials later learned...