Client Alert: Reinsurance Implications of Politically Expanded COVID-19 Coverage

In the wake of the COVID-19 pandemic, there has been a tremendous amount of discussion and debate about the extent to which commercial insurance policies will compensate businesses for some of their losses.  In particular, some practitioners and politicians have argued that business interruption (BI) coverage under existing commercial property policies should cover some of the massive losses being suffered by businesses across the United States. This Client Alert, written by John O'Bryan and Thomas Bush, details what that could mean for reinsurers and cedents.

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