April 27, 2020 / 7:55 AM / a month ago

BRIEF-ASIC Says Insurers Should Be Flexible In Dealing With Consumers In COVID-19 Environment

April 27 (Reuters) - Australian Securities and Investment Commission:

* SAYS INSURERS SHOULD BE FLEXIBLE IN DEALING WITH CONSUMERS’ SPECIFIC CIRCUMSTANCES IN CURRENT COVID-19 ENVIRONMENT

* INSURERS CAN CONSIDER WHERE APPROPRIATE & REASONABLE, MEASURES INCLUDING PREMIUM 'HOLIDAYS', DEFERRALS, OR REDUCTIONS FOR PERIOD OF TIME Source: bit.ly/2W0zI3H Further company coverage:

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