How will property and casualty insurers meet the insurance coverage needs of individuals and entrepreneursas the post-pandemic economic recovery takes shape?
Insurers have been tightening their underwriting criteria for the last few months and reducing their appetite for risk. Will they still be reliable partners?
Numerous studies have explored this theme this summer, as hope for economic recovery appeared on the horizon, despite the rise of the virulent Delta variant.
The Insurance Portal has compiled and synthesized recent reports to paint a picture of how the insurance industry will help individuals and businesses reduce their risks as the fight against the coronavirus takes a new turn.
The experts unanimously agree on one point: The industry will have to accept more risk if it wants to remain relevant.