Legal News

Coronavirus (COVID-19)—retroactive cover poses existential threat to reinsurance

Published on: 24 April 2020
Published by a Law360 reporter

Article summary

Law360, London: on 23 April 2020, Willis Re has warned that business interruption claims arising from the coronavirus (COVID-19) lockdown could pose an ‘existential threat’ to the insurance industry if regulators force insurers to provide cover retrospectively.

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