It’s Not the Best Time to Get Pandemic Risk Insurance. Here’s Why: The most timely opportunity to take action on pandemic risk insurance is not necessarily when a new virus is making international headlines. But the spread of the novel coronavirus (COVID-19) has compelled insurers and reinsurers to take a deeper look at their potential exposures, as warning signs flash that the coronavirus may develop into a global pandemic with impacts across a broad swath of sectors, according to David Rains, Managing Director and Healthcare and Life Specialty Leader for Guy Carpenter.
Hospitals Preparing for COVID-19 Must Ask These Questions: If COVID-19 becomes a full-fledged emergency in your community, are you ready to respond? For hospitals – especially those serving smaller communities and rural areas – the answer depends on how thoroughly you’ve planned for a severe outbreak’s potential effect on your institution.
Reflections on the Coronavirus Outbreak: Neil Lloyd, Head of US Defined Contribution and Financial Wellness Research at Guy Carpenter-affiliate Mercer, spent the final two weeks of February in Asia and came back with some insights concerning the broader economic impacts of the coronavirus pandemic.
COVID-19 – Lessons From Asia And Italy: The new coronavirus 2019 (COVID-19) pandemic is fast moving, and predicting just how it will develop in any jurisdiction is nearly impossible. That said, the actions taken by governments and the response of financial-services firms in each geography have followed a similar path.
How to Put People First As the Coronavirus Outbreak Grows: The ongoing novel coronavirus (2019-nCoV) outbreak has dominated headlines and captured public attention over the last several weeks. And with good reason: Thousands of cases and deaths from the virus have been confirmed globally, according to the World Health Organization, which has declared the outbreak a public emergency of international concern.
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Winning the Cyber Risk Challenge: The Energy/Power (E/P) sector’s speed of digitalization is outpacing its building of cyber defense capabilities and adaptation of overall risk management strategies. In the report, Winning the Cyber Risk Challenge, Marsh & McLennan Advantage Insights analyzes the Marsh Microsoft 2019 Global Cyber Risk Perception Survey to explore the latest cyber trends in the transitioning E/P landscape and propose strategies to proactively measure and manage cyber risks.
