Global (re)insurers book $26bn in 2020 Covid-19 losses: Willis Re
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Global (re)insurers book $26bn in 2020 Covid-19 losses: Willis Re

Rachel Dalton
25 March 2021
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Global (re)insurers booked $26bn in Covid-19 losses in 2020, but a high degree of uncertainty remains around the ultimate pandemic cost, according to Willis Re.

In a market update today, the intermediary said the uncertainty stemmed from the large proportion of losses that had been incurred but not reported (IBNR) from the pandemic.

It

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