COVID-19 Took A $8 Billion Bite Out of Global Multiline Insurers’ Earnings

Microscopic view of Coronavirus, a pathogen that attacks the respiratory tract. Analysis and test, experimentation. Sars. 3d render

The COVID-19 crisis cost 16 global multi-line insurers around $ 8 billion in 2020, although they still reported a substantial net profit of $ 36 billion, according to a report released by S&P Global Ratings. That net profit figure rose from $ 56 billion in 2019 to $ 48 billion in 2018, said S&P, which… Continue reading COVID-19 Took A $8 Billion Bite Out of Global Multiline Insurers’ Earnings