The Canadian property and casualty insurance industry is okay — for now. But the longer the global COVID-19 pandemic drags on, the greater the risk that the economic fallout and financial instability will impact the industry’s financial position, warns MSA Research CEO Joel Baker.

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Original Article Source Credits: Canadian underwriter,  https://www.canadianunderwriter.ca/

Article Written By  Adam Malik

Original Article Posted on : April 20, 2020 

Link to Original Article: https://www.canadianunderwriter.ca/insurance/how-insurance-will-be-hurt-by-a-lagging-economy-1004177115/