Reinsurers Taking a Hit

The Ever Given blockage, coupled with the massive impact of the 2020 (and continuing) COVID outbreak, has made some tough months for the reinsurance industry even worse, with losses that will continue to deliver consequential hits to their reserves.

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Business Interruption Insurance and COVID

In circumstances where an organization is forced to stop normal operations, business interruption insurance can help compensate for lost revenue and unexpected expenses, and policyholders assumed this would be the case with business impacts from COVID.

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