- A A A + 

April 05 2020

COVID-19 : What are P&C insurers currently doing to help?

“A premium freeze for 2020, why not?”

“Over the past 40 years of my career in the insurance industry, I have witnessed many situations resulting
in significant imbalances, both in terms of human lives and financial impacts. Yet, the COVID-19 crisis is
unprecedented given its global impact on human populations and the economic turmoil it has caused on
financial markets. Unfortunately, the consequences are far from over. We will feel a shock wave for many
years to come.

… Regrettably, most property and casualty insurers are simply not doing enough in the current situation.”

Louis-Thomas Labbé, MBA, FPAA, CRM
President and Chief Executive Officer
GPL assurance/Gallagher Québec

Click here to read the Opinion Letter in its entirety (PDF version)

Click here to read the article in La Presse+