Coronavirus highlights lack of cover for outbreak-related BI - Reinsurance News
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For life reinsurers, analysts note potential exposure to mortality shock risk if the virus continues to spread, with SCOR, RGA, Swiss Re, Hannover Re, and Munich Re the most exposed.
While life insurers do have exposure, analysts note that this is mostly through joint ventures. Importantly, analysts do not expect that any of these joint venture firms have more than a 1% market share, adding that they do not believe that any of these joint ventures are near Wuhan.
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