Life and health risks for pandemics similar to COVID-19 are insurable: they are generally non-systemic and modellable. However, Property & casualty (P&C) insurers, would have to collect business interruption policy premiums for 150 years to make up for projected global output losses in 2020 related to COVID-19, according to a Geneva Association report. Insurers have… Continue reading Insurers Can Absorb Customer Health and Life Claims, But Not Business Losses from Lockdown Measures
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