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International

Reinsurers would take brunt of COVID-19 second wave

November 27, 2020 Reprints

Analysts at U.K.-based investment banking firm Barclays PLC said that reinsurers would take the brunt of claims from a second wave of COVID-19 pandemic in Europe, Artemis reported. Strong contract wording and exclusions around pandemic risks applied since April renewals are expected to reduce the impact on primary insurers by 50%.

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Reinsurers would take brunt of COVID-19 second wave

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