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International

Insurance market hardening to continue through first half

March 04, 2021 Reprints

A report by Aon PLC projects that insurance market hardening could continue in Singapore at least through the first half of 2021 as the COVID-19 situation evolves, Asia Insurance Review reported. Insurers are imposing cyber and communicable disease exclusions in property damage and business interruption policies, while deductibles for business interruption coverage are on the rise.

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Insurance market hardening to continue through first half

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