New Business Interruption Insurance Poses Risks to Chinese Insurers, Says Fitch

Share!

Insurance Journal - Apr 17, 2020

At the direction of the Chinese government, domestic insurers started selling business interruption insurance to cover Chinese enterprises against disruptions from the coronavirus outbreak, which may have unintended consequences. Fitch Ratings cautions that the move could pose risks to the …...

Read Full Article

Recommended Articles

Extreme Weather Is Driving More US Power Outages, Studies Show

Posted: May 03, 2024

For decades, residents of eastern Queens in New York City have complained that they’re more li...

Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court

Posted: May 03, 2024

Cracked steel columns are not “property damage,” but are building products that are not...

Yemen’s Houthis Threaten Ships in Mediterranean Sea That Are Sailing to Israeli Ports

Posted: May 03, 2024

Yemen’s Houthis will target ships heading to Israeli ports in any area that is within their ra...