Covid as great a threat to (re)insurance as ’08 crash to banking: Rousseau
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Covid as great a threat to (re)insurance as ’08 crash to banking: Rousseau

Laurent Rousseau.jpg

The long-term regulatory implications of the Covid crisis to the (re)insurance industry could be as challenging as those seen by banks following the 2008 financial crisis, according to Scor CEO Laurent Rousseau.

The executive said that bankers were perceived as villains following the 2008 crash and had been heavily clamped down on by regulators as a result.

“I

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