RSA reports £25m hit after receiving 25,000 Covid-19 related claims

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Insurer RSA has revealed it has received approximately 25,000 Covid-19 related claims, which will cost it an estimated £25m net of reinsurance.

In its quarter one financial announcement RSA said 23,000 are travel claims with estimated costs of £16m gross of reinsurance, claims for wedding cancellation with an estimated reserve of £7m, and

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