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Zurich Insurance: considerable expenses due to the pandemic

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Magazine Issue: 
2020, the year of COVID-19 [3]
Magazine date: 
May 2020

Zurich Insurance GroupZurich Insurance expects to pay up to 750 million USD to cover the epidemic claims.

Unlike other European countries, Swiss insurers provide an epidemic policy to companies and cover the latter’s business interruption. For the catering sector, Zurich is committed to indemnifying more than 90% of its corporate customers who benefit from epidemic coverage.

The companies which are not insured against pandemics shall receive compensation through the insurance solidarity fund.

Read also | Insurers in the face of coronavirus [4]

Fri, 22/05/2020 - 12:38

Source URL: https://www.atlas-mag.net/en/article/zurich-insurance-considerable-expenses-due-to-the-pandemic

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[3] https://www.atlas-mag.net/en/issue/2020-the-year-of-covid-19
[4] https://www.atlas-mag.net/en/article/insurers-in-the-face-of-coronavirus