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Old 03-31-2020, 09:19 AM
JMBNYC JMBNYC is offline
Join Date: Sep 2018
Posts: 212

Originally Posted by act_123 View Post
If states do make insurers pay, will reinsurers then pay insurers? I can see a situation where reinsurers go unscathed even though insurers have to pay and bought reinsurance for cat risk and such.
I think this is a case where reinsurers are stuck with whatever happens to insurers. If insurance policies aren't allowed to exclude virus, why would reinsurance policies be allowed to exclude virus?
Maybe it would get covered @ 90% under ECO/XPL.
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