The (re)insurance industry is facing the stark choice of devastating reputational damage or ceding to demands to pay coronavirus-related claims that are catastrophic, wholly unanticipated and largely absent from policyholders’ contracts.
The (re)insurance industry is facing the stark choice of devastating reputational damage or ceding to demands to pay coronavirus-related claims that are catastrophic, wholly unanticipated and largely absent from policyholders’ contracts.