Insurers, brokers and commercial buyers are adapting to the challenge of negotiating and completing insurance policy renewals while working remotely and avoiding close contact amid the COVID-19 pandemic.... Read Article

Under Australia's WorkSafe ACT, insurers need to make arrangements for workers’ compensation claims should employees contract coronavirus while on the job.... Read Article

Lloyd's of London's gross written premiums increased slightly to nearly £36 billion ($45 billion) last year from £35.5 billion in 2018.... Read Article

U.K.-based telecommunication firm Virgin Media Ltd. could pay up to £4.5 billion ($5.6 billion) in compensation to customers affected in a cyber breach that exposed the personal details of around 900,000 people.... Read Article

The Insurance Council of Australia expects claims related to storms that hit the country's east coast in February to have reached $677 million Australia ($416 million).... Read Article

Saudi Reinsurance Co.'s gross written premiums grew 10% year-on-year to 792 million Saudi riyal ($210 million) in 2019.... Read Article

The People's Insurance Company (Group) of China Ltd.'s premiums grew more than 11% year-over-year to nearly $78 billion in 2019.... Read Article

The China Banking and Insurance Regulatory Commission's Shanghai unit said than 36 property/casualty insurers have paid compensation of nearly 9 million Chinese yuan ($1.3 million) to 271 corporate customers affected by the coronavirus outbreak.... Read Article

Data from the Jordan Insurance Federation showed that marine insurance premiums declined nearly 10% year-over-year to around 18 million Jordanian dinar ($25 million) in 2019 from nearly JOD 20 million in 2018.... Read Article

Signet Jewelers Ltd. has reached a $240 million settlement of class action securities litigation related to the #MeToo movement and an in-house financing program, the bulk of which will be covered by insurance, according to court and financial documents.... Read Article