During the first nine months of 2021, the global life insurance industry was hit with Wuhan coronavirus (Covid-19) claims totaling $5.5 billion, compared to $3.5 billion for the entirety of 2020. [.]
LONDON - A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the scenarios life insurers are predicting after Covid-19 claims jumped more than expected in 2021. The global life insurance industry was hit with reported claims due to Covid-19 of US$5.5 billion (S$7.4 billion) in the first nine months of.
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