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Covid-19 coronavirus: key legal considerations for bancassurance arrangements

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Moore Chris
Chris Moore

Managing Partner

Singapore

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Mythen James
James Mythen

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Sugianto Osman

Partner, Ginting & Reksodiputro in association with Allen & Overy

Jakarta

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Burkett Chris
Chris Burkett

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Thapar Ayesha
Ayesha Thapar

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Fong Christine
Christine Fong

Associate

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20 April 2020

The ultimate consequences of the Covid-19 coronavirus pandemic remain unclear, but banks and insurers have begun to take stock of the potential risks and liabilities that they may face.

Bancassurance arrangements are among the more valuable commercial contracts that these financial institutions will need to scrutinise in light of current circumstances. We have summarised certain key legal and contractual issues in bancassurance arrangements that may arise from Covid-19.

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