Reinsurance companies were hit financially on both sides of their balance sheets because of the impact of the Covid-19 pandemic.And there continues to be “significant uncertainty around the ultimate extent and distribution of Covid-19-related losses across the industry”, according to global professional services firm Aon.Reinsurers faced “extreme market volatility” in the middle of the first half of the year, and collectively also incurred billions of dollars of losses relating to the pande