Beazley: Inflation Worries Businesses and Their Insurers

Beazley on cyber premiums

The war in Ukraine has rapidly disrupted global trade in key commodities like grain, oil and gas, exacerbating an existing background of energy shortages and rising costs. It is therefore not surprising that our latest Risk and Resilience survey shows inflation, in particular, is one of the key factors worrying business leaders, nor that they… Continue reading Beazley: Inflation Worries Businesses and Their Insurers

Munich Re Doesn’t Expect Significant Impact from Coronavirus Pandemic

Munich Re Q1 profits 2024

Munich Re doesn’t expect the coronavirus pandemic to have a material impact on its results for this year but said that, should the virus continue to spread, the effects could be stronger. “From today’s perspective, Munich Re does not expect the consequences of the coronavirus to have any overall material effect on the annual result,”… Continue reading Munich Re Doesn’t Expect Significant Impact from Coronavirus Pandemic

Brexit Is Here: What Now?

United Kingdom leaving the European Union represented in puzzle pieces.

The European Parliament gave the green light, so the UK will formally leave the EU tomorrow, January 31, with a withdrawal deal – and it will then go into a transition period that is scheduled to end on December 30, 2020. During this period the UK will effectively remain in the EU’s customs union and… Continue reading Brexit Is Here: What Now?

EU Extends Brexit Deadline Until Jan. 31

A stock photo of London England blended with an image of the EU European Union flag. Perfect for designs or articles about England, European Union or Brexit.

The European Union agreed to delay Brexit until Jan. 31, increasing the chances of a U.K. election before the end of the year and ending any hope of a departure by Prime Minister Boris Johnson’s promised deadline this week. The decision, agreed on by ambassadors from the 27 other EU countries on Monday, grants a… Continue reading EU Extends Brexit Deadline Until Jan. 31

Three Years of Uncertainty: Charting How Brexit Has Shaped U.K. Financial Markets

A stock photo of London England blended with an image of the EU European Union flag. Perfect for designs or articles about England, European Union or Brexit.

With two Brexit deadlines already passed and a third expected to be extended, the uncertainty that has weighed on the economy and financial markets for three years looks set to drag on. Lawmakers backed Prime Minister Boris Johnson’s Brexit deal this week, but didn’t approve his accelerated timetable, making a departure from the European Union… Continue reading Three Years of Uncertainty: Charting How Brexit Has Shaped U.K. Financial Markets