Irdai sees demand for new covers in wake of pandemic

The regulator is considering the formation of an Indian pandemic risk pool with contributions from the country’s insurers and reinsurers. A pandemic pool is required to cover risks because international reinsurers do not provide pandemic cover.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/irdai-sees-demand-for-new-covers-in-wake-of-pandemic/articleshow/81584214.cms