Retroactive coronavirus pay outs would ‘seriously threaten the stability’ of global insurance industry
Global insurers have warned governments that if they impose retroactive pay outs for Covid-19 this will make it difficult if not impossible for insurers to respond to the crisis and other insured events.
In a statement issued on Monday – which also called on governments to ensure insurers could continue operationally, allow for administrative flexibility and allow for digital document delivery – the
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