Eiopa warns that Covid-19 could be a ‘double hit’ for insurers

CEVAHIR Halil-Ibrahim/kamasigns - Fotolia

The European Insurance and Occupational Pensions Authority (Eiopa) said this week that risks were rising for the insurance industry amid the coronavirus pandemic. It warned of a ‘double hit’ to firms, which are facing pressure on their assets and liabilities at the same time.