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Swiss insurers in talks with regulator over coronavirus impact


Swiss insurers are in talks with the Swiss Financial Market Supervisory Authority about the coronavirus outbreak's impact on their business and capital buffers, Asia Insurance Review reports citing sources. Swiss Re Ltd. and Zurich Insurance Group Ltd. are among the insurers that are discussing capital and liquidity issues with the regulator after the market slump and ahead of an expected wave of claims related to coronavirus deaths, cancellations and business disruption.

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