News Coronavirus watch03 Jun 2020

US insurers face increased challenges during hurricane seasons due to COVID-19

| 03 Jun 2020


While the coronavirus pandemic will remain an ongoing global concern for the foreseeable future, the risk of a significant hurricane making landfall during the upcoming season is another concern for insurers, according to Fitch Ratings' annual hurricane season report. The continuation of the coronavirus pandemic into hurricane season is likely to compound these challenges if a major event occurs in 2020.

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