Reinsurers are holding a firm line on applying pandemic exclusions to mid-year renewals despite palpable pressure from brokers, as they seek to remove themselves from providing “fire insurance on a burning building", as one observer described it.
Reinsurers are holding a firm line on applying pandemic exclusions to mid-year renewals despite palpable pressure from brokers, as they seek to remove themselves from providing “fire insurance on a burning building", as one observer described it.