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Aon and Munich Re launch pandemic reinsurance facility

Original: Aon, Munich Re launch pandemic reinsurance facility

Aon and Munich Re have launched a pandemic reinsurance facility, creating a new vehicle to cover virus-related losses that traditional insurance has largely excluded. The move aims to help insurers and governments manage the enormous economic costs of future pandemics, which caused trillions in losses during Covid-19.

Why now: Pandemic risk remains largely uninsurable, so a major broker and reinsurer joining forces to address it draws significant industry attention

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