S&P says EMEA and US insurers will take coronavirus claims ‘in their stride’

Credit: iStock/Naeblys

European and US insurers are likely to comfortably deal with claims from the current coronavirus outbreak, according to S&P. However, it warned that given China’s importance in a “just-in-time world”, contingent business interruption claims could arise anywhere across the globe. But the ratings agency said any claims will fall within the range of capital buffers at insurers and reinsurers in…

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