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The race to covid-19 vaccine: Insurers unfazed by risks of clinical trials

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www.livemint.com

COVID-19 vaccines are being tested on humans, the insurance companies with decades of experience in assessing the risks of clinical trials don't see anything to be unduly concerned about.Executives at insurer Allianz and brokers Gallagher and Marsh , among the leading players in clinical trials insurance, told Reuters that premiums had only marginally increased so far in the current pandemic.

They argued there was little structural difference to trials carried out in the past, despite drugmakers around the world competing to shatter the fastest time in history for developing a vaccine, which stands at around four years."Rates have been relatively stable.

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