Niche entertainment insurance market facing losses from Covid-19 shutdown

Allianz Global Corporate & Specialty (AGCS)-backed MGA Reel Media, Chubb, Hiscox, OneBeacon, ProSight Specialty and WR Berkley are among insurers who could be facing up to an estimated $1bn in Covid-19 related claims associated with the suspension and delay of US movie and TV productions.

 

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