Watchdog Says Insurers Unable To Track Virus Exposures

Law360, London (November 16, 2020, 11:49 AM GMT) -- The Prudential Regulation Authority has called on insurers to address uncertainties created by the COVID-19 crisis when they estimate their business losses, amid concerns that companies are failing to keep track of important information about policies.

The Bank of England's enforcement arm has said that insurers should take into account the fact that the virus has caused complications and uncertainty for the sector.

"Our work has highlighted that a number of firms have not been able to accurately identify and track COVID-exposed policies, leading to unexpected COVID losses," Lisa Leaman, head of London market insurance supervision, told chief risk officers at companies...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!