COVID-19 BI losses for small businesses dwarfs annual property premiums: APCIA

07-04-2020

COVID-19 BI losses for small businesses dwarfs annual property premiums: APCIA

David Sampson, president and CEO of APCIA

Business interruption losses for small businesses due to the coronavirus lockdown and closures could reach $431 billion a month, which is approximately 72 times the monthly commercial property insurance premiums, according to the American Property Casualty Insurance Association (APCIA).


APCIA, Coronavirus, Insurance, Reinsurance, David Sampson, North America

Intelligent Insurer