‘Insurance markets are holding up extremely well’ in the face of Covid-19 – Swiss Re

financial, coronavirus

Despite causing ‘the worst recession of our lifetime’, reinsurance economist says the insurance sector should expect ‘a strong V-shaped recovery for 2021’

Although the Covid-19 pandemic “is causing the worst recession of our lifetime”, the insurance sector should expect “a strong V-shaped recovery for 2021”, said Dr Jérôme Haegeli, group chief economist at (re)insurance business Swiss Re.

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