The global insurance industry is expected to lose 203 billion U.S. dollars due to the COVID-19 pandemic. Their underwriting losses are projected to reach 107 billion U.S. dollars alone, with the remainder coming from the hit their investment portfolios have taken in the wake of the outbreak.
Forecasted losses from COVID-19 for insurance industry worldwide 2020, by type
(in billion U.S. dollars)
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Reinsurance News. (May 14, 2020). Forecasted losses from COVID-19 for insurance industry worldwide 2020, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1117220/covid-19-global-insurance-losses/
Reinsurance News. "Forecasted losses from COVID-19 for insurance industry worldwide 2020, by type (in billion U.S. dollars)." Chart. May 14, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1117220/covid-19-global-insurance-losses/
Reinsurance News. (2020). Forecasted losses from COVID-19 for insurance industry worldwide 2020, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1117220/covid-19-global-insurance-losses/
Reinsurance News. "Forecasted Losses from Covid-19 for Insurance Industry Worldwide 2020, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 14 May 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1117220/covid-19-global-insurance-losses/
Reinsurance News, Forecasted losses from COVID-19 for insurance industry worldwide 2020, by type (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1117220/covid-19-global-insurance-losses/ (last visited November 10, 2024)
Forecasted losses from COVID-19 for insurance industry worldwide 2020, by type (in billion U.S. dollars) [Graph], Reinsurance News, May 14, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1117220/covid-19-global-insurance-losses/
