Insights

The Impact of COVID-19 and Social Inflation on Reinsurers: A Video Interview with Chris Donelan

September 30, 2020

In a recent video interview with The ReInsurer, Christopher Donelan, CEO, Global Reinsurance, Sompo International discuss his perspective on the ways COVID-19 and social inflation concerns have “accelerated” the need for reinsurers to tighten terms and conditions in liability and casualty lines.

 

He noted that, “No one went into this year thinking that we have an issue of a pandemic and asking how we would reserve for it. The story is left still untold but overall the industry has done a relatively good job in trying to get their hands around it.”

 

Watch the full video interview