P&C carriers may face significant losses from event cancellations

Losses for property/casualty carriers that write event cancellation insurance could be significant amid the COVID-19 outbreak, despite the line of business representing a very small percentage of overall P&C premium, according to AM Best.

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Am Best, Swiss Re, Munich Re, Coronavirus, Property & casualty, Global

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COVID-19: P&C carriers may face significant losses from event cancellations

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