Forcing business interruption claim payments could 'doom' insurers
Posted On: Apr. 20, 2020 5:59 AM CSTTwo senior insurance and reinsurance market leaders have warned that the sector is already facing massive losses from the COVID-19 pandemic and that forcing them to pay business interruption claims could bankrupt the industry, Artemis reports. The comments come from Oliver Bate, chief executive of Germany-based Allianz SE, and Evan Greenberg, CEO of Chubb Ltd.