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Lloyds sees global pandemic insurance losses over its estimates



(Reuters) – London Lloyds chairman Bruce Carnegie-Brown said on Wednesday that global insurance losses from the 2020 COVID-19 pandemic will be higher than previously estimated, with 16 different business areas facing Lloyd & # 39 ;s claims. .

Carnegie -Brown told the Reuters Events Future of Insurance USA conference that pandemic-induced losses will be on a par with 2017, when three Atlantic hurricanes contributed to a $ 144 billion disaster bill, the highest disaster bill ever recorded under Swiss Re. [19659002] Lloyd & # 39; s, which closed its insurance room in March for the first time since World War II, has previously tied these pandemic losses to $ 107 billion.

"Unlike many events, there is a pandemic everywhere at the same time. And it also comes through up to 1

6 different claims," ​​says Carnegie-Brown, adding that the pandemic had been extended longer than originally expected.

More insurance and risk management news about the coronavirus crisis here .

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