Suez Canal Blockage Likely to Bring Large Losses for Global Reinsurers: Fitch

The blocking of the Suez Canal and resulting disruption to global shipping is likely to cause a large loss event for the reinsurance industry, according to Fitch Ratings. This event will reduce global reinsurers’ earnings but should not materially affect …

from News – Insurance Journal https://ift.tt/3sBPEsq