COVID-19 second wave could eat into insurers’ capital, warns S&P

Global insurance ratings have proven resilient during the first wave of COVID-19, but S&P Global Ratings has warned that a second wave of the pandemic could eat into insurers' capital buffers as financial market losses and insurance claims pile up, particularly for industrial lines re/insurers.

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S&P, Coronavirus, Insurance, Reinsurance, Ratings, Dennis Sugrue, Global

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