Marketplace Insight Spring 2020
A Hard Market & A Historic Downturn
Canadian insurance companies have done a good job of rapidly shifting priorities to offer assistance to customers during this moment of unprecedented financial and social upheaval. However, their need for ongoing rate increases persists.
Read this guide for an in-depth understanding of the insurance market in the first quarter of 2020. In this guide you will find relevant information about the following topics:
- Claims arising from COVID-19
- Social inflation and liability lines
- Business interruption coverage
- And more