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Aviation schemes get ready for take-off

The US mutual scheme Equitime could begin writing war and terrorism cover for US airlines by the midd...

The US mutual scheme Equitime could begin writing war and terrorism cover for US airlines by the middle of July, provided the US federal government agrees to act as reinsurer of last resort

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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