When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GLRE - COVID-19 Insured Loss Reports Rise 21% In Last Quarter Near $38 Billion
Greenlight Reinsurance Ltd.
Losses and IBNR reserves related to the COVID-19 coronavirus pandemic reported by major insurance and reinsurance companies have risen significantly during the first-quarter of 2021.
PeriStrat has been forecasting that the total could settle somewhere up to the US $50 billion mark, a prediction it still stands by.
Third-party liability and D&O claims have not yet been widely notified, and this could extend the tail of the pandemic losses, Guenther believes.