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Reinsurance firms reluctant to cover covid-only plans
MUMBAI : The absence of the reinsurance option for covid 19 policies has been a challenge for the insurance industry, said representatives of both life and health insurers during the Pivot or Perish online insurance meet organized by Mint on Thursday.
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What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims
How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance professionals suggested recently, adding more wrinkles to an already complex claims situation.
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Strong June 1, July 1 property cat reinsurance rate increases: KBW
Analysis by KBW shows the second quarter 2020 reinsurance renewals, most prominently the Florida-focused June 1 and broader, southeastern US-focused July 1, included significant property catastrophe reinsurance rate increases.
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