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2021 a transition year, with reducing COVID-19 P&C exposure: RBC

February 19, 2021

The insurance and reinsurance industry is likely to experience a “transition year” in 2021, as its recovery from the impacts of the COVID-19 pandemic continues, alongside reducing exposure to it from property and casualty (P&C) contracts, analysts at RBC have explained.

The analysts highlight that the threat to insurance and reinsurance markets, including insurance-linked securities (ILS), from the pandemic will run-off over the course of this year in P&C.

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