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Wuhan coronavirus epidemic likely to have limited loss impact on China non-life insurance

 
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<title>Wuhan coronavirus epidemic likely to have limited loss impact on China non-life insurance</title>
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<namePart>Lee, Christie</namePart>
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<placeTerm type="text">Wan Chai</placeTerm>
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<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">Goverments and health authorities around the world are stepping up efforts to contain the spread of a new strain of coronavirus that recently emerged from China in late 2019, and which has ravaged the epicenter of of the virus outbreak. But while the economic impact of epidemic on China is likely to be material, AM Best expects that the loss impact of this event to the local non-life insurance market will be limited </abstract>
<note type="statement of responsibility">Christie Lee, James Chan</note>
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