Covid-19

Munich Re launches insurance consortium offering pandemic cover

February 4 2026

Munich Re’s Epidemic Risk Solutions teams in London, Munich and Singapore will provide modelling and underwriting for the consortium, which aims to address insurance gaps revealed by the Covid-19 outbreak...

IAG to release AU$200m from BI provision as class action ends

January 31 2025

Actuarial estimate comes after Federal Court rules that COVID-19 business interruption class action against subsidiary IAL will not proceed.

Thailand's Syn Mun Kong Insurance loses non-life license

July 15 2024

SMK had become insolvent following substantial losses due to COVID-19 policies.

thailands-smk-ordered-by-regulator-to-stop-taking-on-new-applicants

Thailand regulator orders SMK to stop taking new policyholders

December 18 2023

The non-life insurer had applied for bankruptcy protection in May 2022 following significant COVID-19 losses.

tokio-marine-newa-insurance-receives-fourth-capital-injection-to-meet-minimum-capital-requirements-after-surge-of-covid-19-payouts

Taiwan: Tokio Marine Newa receives fourth capital injection to help meet regulatory capital requirements in wake of Covid-19 claims

June 22 2023

TMNI needed to increase its risk-based capital ratio above 50% or risk being taken over by Taiwan's Financial Supervisory Commission.

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