COVID-19 Perspectives Series Part II – Q&A with David Priebe, Chairman, Guy Carpenter: Guy Carpenter Chairman David Priebe offers COVID-19 insights on the health of the property and casualty (P&C) industry, public-private initiatives for pandemic coverage, industry preparedness and infrastructure to serve clients and Guy Carpenter client support on coverages in an interview with The Insurer held on April 6.
Natural Catastrophes are Becoming More Frequent and the Intensity of Certain Perils is Estimated to Increase: Attributing a single event to climate change remains difficult at present but the long-term trend is clear: natural catastrophes are becoming more frequent and the intensity of certain perils is also estimated to increase. Guy Carpenter’s new report, Protecting our Planet and the Public Purse, highlights the expected geographic distribution of public sector risks as global temperatures increase.
Using Data to Develop Contagion Containment Strategies: It has been difficult for healthcare systems and businesses to plan for the impact of coronavirus because of the lack of historical comparisons for outbreaks of this magnitude and severity. But the virus’ rapid spread across Asia, Europe and the United States is starting to generate a critical mass of data from which plausible – even likely – regional contagion scenarios are emerging, according to Barrie Wilkinson and Helen Leis, Partners at Guy Carpenter-affiliate Oliver Wyman.
Sea Level Rise – Protecting our Planet and the Public Purse: Sea level rise due to climate change is considered to be one of the biggest threats to properties and infrastructure worldwide. Global (mean) sea levels rose by about eight inches between 1901 and 2010, and the rate of increase appears to have accelerated in recent decades.
Estimating the Impact of COVID-19 on the U.S. Medical (Re)Insurance Market: As the COVID-19 situation is changing on a daily basis, the impact to the insurance and reinsurance markets is not yet fully known. However, given the significance of the developments, Guy Carpenter provides our view of how COVID-19 may impact the medical (re)insurance market.
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COVID-19 – Lessons From Asia And Italy: The new coronavirus (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. Guy Carpenter-affiliate Oliver Wyman’s teams in Asia and Italy opine here on if there are lessons that can be learned from how the financial services sector responded.
