As with many economic sectors, the life insurance industry in Europe and the United States of America faces significant financial losses because of the high number of deaths worldwide because of the spread of the Coruna virus.
this article clarifies to the situation of insurance companies in France, Britain and the United States, and monitors the scale of losses and solutions to meet the high demands for compensation from customers.
America .. losses and conditions
The widespread prevalence of the Coronavirus in the United States – which has exceeded 556,000 infections and 22,000 deaths – has been a major and unprecedented challenge to the life insurance industry.
American insurance companies have suffered a double blow, as they are expected to lose a lot of money as a result of the huge number of deaths that increase every day at huge rates, which American government sources estimated at between one hundred thousand and two hundred thousand people.
