event cancellation policies News
COVID-19 Event Cancellations, Storms Mar Liberty Mutual’s Second Quarter
Liberty Mutual Holding Co. reported a net loss of $320 million for the second quarter versus net income of $397 million for the same quarter last year. The loss reflected the impact of COVID-19, ...
Munich Re Expects $1B in Coronavirus Claims; 2020 Profit Still Envisioned
Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis in excess of 1 billion euros ($1.08 billion) this year after it posted a ...
Coronavirus-Related Event Cancellations Shift Swiss Re’s Q1 to a Loss
Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus outbreak began to bite, it said on Thursday. The Zurich-based company booked a hit of $476 ...