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International

Insurance industry ‘lost $55 billion’ due to COVID-19

July 10, 2020 Reprints

Swiss Re Ltd. said that the COVID-19 pandemic has cost the global insurance industry $55 billion, Bilan reported. However, premiums should return to pre-pandemic levels by next year, the reinsurer said.

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Insurance industry ‘lost $55 billion’ due to COVID-19

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