Global losses for insurance industry due to COVID-19 outbreak, by type 2020

Published by Statista Research Department, Nov 1, 2024
The global insurance industry is expected to lose 203 billion U.S. dollars due to the COVID-19 pandemic. Their underwriting losses are projected to reach 107 billion U.S. dollars alone, with the remainder coming from the hit their investment portfolios have taken in the wake of the outbreak.

Forecasted losses from COVID-19 for insurance industry worldwide 2020, by type (in billion U.S. dollars)

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Release date

May 2020

Region

Worldwide

Survey time period

2020

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