Hiscox reports virus claims as insurers brace for Covid-19 impact

Coronavirus_UK_London_underground_PA_575x375_020320
By Tyler Davies
02 Mar 2020

UK insurer Hiscox said on Monday that it had received some ‘small claims’ relating to Covid-19, as credit analysts warned that the insurance sector was exposed to indirect impacts from the spread of the virus.

Hiscox said it was “too early to estimate the impact” of Covid-19, as it released a preliminary set of financial results for 2019 on Monday.

But the specialist insurance company acknowledged that it had “received notifications of small claims to date”.

“The main areas of potential exposure ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.