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Aviva expects nearly $200 million worth of COVID-19

Posted On: May. 22, 2020 6:34 AM CST

Coronavirus

U.K.-based insurer Aviva PLC expects £160 million ($195.5 million) in claims related to the COVID-19 pandemic and weaker second quarter sales, The Business Times reported citing Reuters. Most of these claims are coming from business interruption and travel insurance lines, Aviva said. Its general insurance net written premiums rose 3% to £2.4 billion in the first quarter.

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