Insurers will be “proactively” seeking to ensure that regulators won't force the industry to cover a possible second wave of the coronavirus pandemic, the chief executive of insurer Hiscox said.

“As we look forward, there is a very clear challenge: the industry will be proactively seeking to ensure that there is absolute clarity that a second wave is not a covered event,” said CEO Bronek Masojada, speaking during a webinar on risk management and the future of insurance on 8 July.