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The American is losing . The insurance companies are subject to painful blows because of Corona
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The American is losing . The insurance companies are subject to painful blows because of Corona

admin May 29, 2020

On the other hand, the collapse in the value of returns on government bonds at historical rates represents another major loss for those companies that prefer to invest a large portion of their capital in government bonds.

In financial markets, the life and health insurance index has lost 37% in the past weeks since the outbreak of the Corona virus.

During the last month, the major American insurance company lost a lot of its value. Prudential lost 9% of its share value, and AIG lost 25% of its shares during the same month.

The number of people wishing to insure their lives increased, but this was not easy in the United States, where many companies are reluctant to accept new customers.

life insurance companies imposed a one-month waiting period on those wishing to purchase a life insurance policy who recently traveled to the hot spots of the virus, whether in China, Iran or European countries.

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