A wide range of global businesses are expected to sustain huge losses stemming from the outbreak of a new coronavirus in China, partly due to the exclusion of epidemics from most insurance policies, experts have warned.
With at least 132 reported fatalities in China and more cases being confirmed across the globe, companies are likely to face billions of dollars in losses due to business interruption and travel cancellation, a report by Reuters said.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.