Desafíos del Covid-19 en materia de seguros (Challenges of the COVID-19 Regarding Insurance)

The covid-19 virus, commonly known as Coronavirus, and the measures taken by the Colombian Government to prevent its spread, have determined impacts in multiple areas of the national and international economy. The insurance activity has been equally impacted, not only from the point of view of development as an industry, but also due to the different claim hypotheses that may occur in the different insurance lines that may generate significant controversies. This article aims to show the most outstanding challenges that we find to date from the perspective of the insurance products and their conditions. However, we must recognize that there are still unsuspected new effects that will occur, according to the duration of the pandemic and the actions taken by different economic actors.