Sunday Telegraph on the impact of Coronavirus on insurer’s reserves

By 22nd March 2020 Coronavirus, News

“The coronavirus crisis will be the final straw that plunges commercial policyholders into crisis with soaring insurance prices, massive reductions in cover and a hard line on large claims as insurers seek to rebuild their balance sheets, just as they did after 9/11,” says Bruce Hepburn, chief executive of Mactavish, an insurance consultancy.

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