In times of economic distress, (re)insurance is typically considered by investors to be a defensive sector. This is not to say the sector will be unaffected by the COVID-19 crisis. Access to capital has reduced while carriers’ assets have clearly been hit by lower interest rates, wider credit spreads and an equity crash. A fall back into recession will also hinder growth opportunities, given the long-standing correlation between economic output and premium growth.
This webinar, hosted by Oliver Wyman, is a continuation of their series on COVID-19 and its impact on the U.S. financial system. Guy Carpenter is an affiliate of Oliver Wyman.
As the pandemic continues, Oliver Wyman provides an update on the latest in epidemiology modeling and how these forecasts can be used, as well as the latest trends in consumer confidence as it relates to spending, saving and more.
Speakers include Oliver Wyman colleagues:
- Til Schuermann, Partner and Co-Head – Risk & Public Policy, Americas
- Helen Leis, Partner – Health & Life Sciences
- Ugur Koyluoglu, Partner and Vice Chairman – Financial Services Americas
- Beth Costa, Partner – Americas Payments Platform Lead
Guy Carpenter is actively following developments related to COVID-19 and its impacts across financial markets and the (re)insurance industry.