Hurricane Season – Elevated Storm Activity in the North Atlantic Basin: Current hurricane predictions indicate elevated storm activity in the North Atlantic basin. These include a forecast from The National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center of six to 10 hurricanes and three to six major hurricanes, compared to averages of six and two, respectively.
2020 Western North Pacific Tropical Cyclone Predictions: The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC) at the School of Energy and Environment, City University of Hong Kong, has released its 2020 predictions for tropical cyclone formations and landfalls using a regional climate model focusing on East Asia. This model uses information from a global climate prediction model made available in March 2020.
Pandemic Navigator Insight Series – The Great Balancing Act: In the second installment of the Pandemic Navigator Insight Series, Oliver Wyman discusses the application of the toolkit in the sphere of policymakers, who will have to quickly articulate and manage a national risk appetite in terms of health, economy, privacy and lifestyle. This second article offers guidance for policymakers that have been tasked with steering the ship through these uncertain waters.
Review of Healthcare Coverage on GC Capital Ideas: Here we review GC Capital Ideas’ recent stories on healthcare and medical (re)insurance.
The Potential New Normal in Insurance Products: As payers respond to the COVID-19 pandemic, they are moving quickly. They are waiving fees, assisting providers, and communicating constantly with members. In the meantime, they should also be taking the long view, thinking carefully about the future and what the new normal may look like once the curve flattens out, according to Oliver Wyman Health & Life Sciences Partner Howard Lapsley and Principal Greg Berger.
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Is Coronavirus About to Cause the Next Global Financial Crisis: The ongoing coronavirus is extracting a heavy toll on financial markets and investors’ psychological well-being. Much of the focus of headlines has been on the gut-wrenching losses in major global stock and commodity markets, disorienting spikes in equity volatility and plunges in treasury yields. But the shaky foundations of the USD 72 trillion global corporate debt market arguably pose a greater threat to the economy and financial system, according to Josh Zwick, Partner at Oliver Wyman, and Alex Bernhardt, Director at Marsh & McLennan Advantage.
