COVID-19 is prompting insurers to focus on both the financial and operational resilience of their companies as they try to manage the economic challenges created by the virus. It’s no surprise that insurance prices are rising as the industry assesses the magnitude of the risk and losses connected to the pandemic. U.S. commercial insurance prices rose by almost 10 percent overall compared to the…
Insurers need to boost financial and operational resilience
* This article was originally published here