As we know, the impact of COVID-19 will be significant. The first few weeks of the pandemic saw significant market value decreases in the financial industry, with many large macro impacts at play.
With close ties between premium growth and GDP growth, as well as large scale loss underwriting forecasted, the pandemic could signal tough times ahead for insurance companies. Croud have analysed the impact on the insurance industry, download the report here: Croud Insurance Industry Whitepaper