Ratings agencies see ‘meaningful debate’ between insurers and reinsurers over Covid-19 recoveries
Experts have reiterated that insurer ratings are unlikely to be hit by the outcome of the Supreme Court’s Covid-19 business interruption claims ruling but noted that there will “meaningful debate” over how much insurers can claim from their reinsurers.
After the Supreme Court ruling on 15 January, which found substantially in favour of the Financial Conduct Authority on behalf of policyholders, insurers released a string of updates about the impact
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