Second wave of Covid-19 to eat into re/insurer capital: S&P

The emergence of second waves of the Covid-19 coronavirus pandemic could create another meaningful hit to the capital bases of insurance and reinsurance companies, as both investment market volatility and insured losses will mount. S&P Global Ratings warns that even without a second wave, the Covid-19 pandemic is destined to further erode re/insurers capital buffers … Continue reading Second wave of Covid-19 to eat into re/insurer capital: S&P