Watford expects revenue hit from COVID-19 induced market volatility


Bermuda-based specialty re/insurer Watford Holdings has estimated that its first quarter 2020 earnings will include a net investment loss of approximately $265 million due to investment market volatility caused by the economic shutdown mandated by governments due to the COVID-19 pandemic.

Watford holdings, 2020 Results, Q1, Insurance, Reinsurance, Coronavirus, Bermuda

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