Chart – Dedicated Reinsurance Sector Capital 2012 – 1H2020: The following chart shows that total dedicated reinsurance capital was resilient at the end of the first half of 2020, recording a marginal increase of 1 percent overall from year-end 2019.
Podcast – Telehealth and Predictions on Medicine’s Future Following COVID-19: Telehealth’s spike in recent months is now enabling more people to use their own medical data to advocate for their health and wellness long-term. In this episode of the Guy Carpenter-affiliate Oliver Wyman’s Health Podcast, Tom Robinson, Partner in Oliver Wyman’s Health & Life Sciences practice, chats with Keith Fernandez, MD, Chief Clinical Officer of Privia Health, a national physician organization whose online patient cohort represents all age groups, including seniors who quickly embraced Privia’s virtual visit platform during the initial months of the pandemic.
Digital Health Surveillance – A Balancing Act For Businesses In A Time of Coronavirus: While COVID-19 remains a threat worldwide, societies and businesses are keen to restart economies and return to work safely without causing a resurgence of infection. This latest publication from Marsh & McLennan explores how in reigniting economic activities, businesses – and governments and societies – need to balance the imperatives of public health and individual liberties, and to do so against a backdrop of widespread concerns about personal data exploitation, the slippery slope of surveillance and potential cyber incursion.
Mid-Year 2020 Reinsurance Renewal – Guy Carpenter U.S. Property Catastrophe Rate-On-Line (ROL) Index: The U.S. property catastrophe Rate on Line (ROL) index for January through July renewals was up 12 percent year-on-year. Pricing pressures have built through the course of the year: The mid-year data point represents a larger increase than what was recorded at January 1. Wind and wildfire-exposed programs once again played a prominent role in driving the index higher, with COVID-19 acting as an accelerating force.
Parametric Insurance Can Boost Resilience for the Public Sector: In the wake of a natural disaster, traditional insurance can help restore insured assets to their status prior to the loss. It may not always be desirable, however, to restore a situation that led to a vulnerable state in the first place. The public may want — and need — to create new approaches to urban planning, construction or water management that leverage lessons from the disaster, according to Guillermo E. Franco, Managing Director & Global Head of Catastrophe Risk Research at Guy Carpenter.
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Mid-Year 2020 Reinsurance Renewal – Capital: A preliminary estimate calculated by Guy Carpenter and A.M. Best indicates that total dedicated reinsurance capital was resilient at the end of the first half of 2020, recording a marginal increase of 1 percent overall from year-end 2019. Recovering financial markets and asset valuations during the second quarter of 2020 have helped shore up the traditional component of the sector’s capital base, which was up 1 percent at June 30, 2020.