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April 26, 2006 at 05:42 AM
A life insurance industry trade group discounted the threat of the avian influenza virus, saying the industry has “the experience and financial depth to deal with what is unthinkable for most people.”
The comment was a response to a report from LOMA, an international association of life insurance companies, which found that only about one-third of North American life insurers have plans to address a flu pandemic. In contrast, more than half of life insurers elsewhere have pandemic plans, the study found. (See )
