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COVID 19 - indirect effect coverage gap on steroids

Originally published at: https://dailyfintech.com/2020/03/05/covid-19-indirect-effect-coverage-gap-on-steroids/

Unlike a typhoon or hurricane, the current catastrophe cannot be seen, just its effects. The novel coronavirus (COVID 19) is now and will be causing personal, business, and government disruption and economic loss. You can’t see the virus, has relatively small direct effects (120,000 persons contracting the virus of some hundreds of millions exposed), but…