Hollywood Shutdowns Due to COVID to Cost Insurer Millions

Allianz SE, Europe’s largest insurer, is bracing for a flood of claims after movie and television studios were forced to curtail production during lockdown. A unit of Allianz, which says it’s the largest insurer of Hollywood studios, has set aside about 488 million euros ($575 million) this year for coronavirus-related claims, with much of that… Continue reading Hollywood Shutdowns Due to COVID to Cost Insurer Millions