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News | Tag: corona

Covid-19: what it taught reinsurers in planning for the next pandemic

March 21 2021 By Cameron Cupido covid-19, corona, insurance, reinsurance

As with every sector the world over, reinsurance felt the impact of the Covid-19 pandemic and subsequent global lockdowns in 2020. An unexpected event for which no one was fully prepared, Covid-19 saw the mass cancellation of events, and the overnight shutdown and scaling back of large industry and business operations, while the service industry all but ground to a halt. The result was a significant amount of cancellation refunds having to be iss...

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