Nihoul warns problems ahead as Covid-19 cutbacks clash with hard market

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Ferma board member Laurent Nihoul fears that the hardening insurance market is about to become even more problematic for buyers as it combines with cost-cutting plans in the pandemic-fuelled global recession to leave them in an extremely tricky position. He therefore urged insurers not to “destroy” their product and to take a longer-term perspective rather than put partnerships at risk.…

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