The next global 'black swan event' may be uninsurable
13 December 2020 - 00:06
There aren't many contexts where $2-trillion (R30-trillion) seems like a paltry sum. Then a pandemic comes along. The economic fallout from Covid-19 has left insurers issuing existential warnings and businesses discovering they weren't covered. It's resulted in courts packed with lawsuits and governments scrambling to head off more pain...
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