Beazley doubles COVID-19 loss estimate on contingency claims

22-09-2020

Specialist Lloyd's re/insurer Beazley has increased its total estimate for first party COVID-19 claims to $340 million net of reinsurance from $170 million, with almost all of the increase caused by further event cancellation losses.

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Beazley, Coronavirus, Claims, Insurance, Reinsurance, business Interruption, North America, UK

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