Blenheim hit with loss deterioration on Covid BI reinsurance settlements

Blenheim Syndicate 5886 has reduced its expected return for the 2020 year of account (YoA) following deterioration on reserves established for its XoL exposures relating to Covid-19 business interruption (BI) claims, The Insurer understands.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com