After months in 2019 of record-breaking wildfires, heatwaves and slow-moving tropical megastorms, 2020 might have been a year when the international community was ready to make serious strides in the fight against the Earth’s rising temperatures. Instead, we are facing a virulent coronavirus pandemic that has shut down most economic activity worldwide and sidelined the issue of ... Continue Reading »
Board Room
Navigating the Pandemic in the Boardroom
The scope, speed, depth, and indeterminate timing of the current economic free-fall, combined with the daunting personal and societal implications of the COVID pandemic, will be a defining crucible moment for most companies: many will not survive the crisis, some will emerge severely weakened, and those that weather the storm will stand as beacons on the battered landscape of ... Continue Reading »
Compliance and COVID-19: Moving to a New Normal
COVID-19 has created unprecedented business and regulatory disruption in a condensed period. There are massive changes to how financial institutions operate and what regulators and supervisors expect, in addition to significant economic impacts on society, businesses and individuals, according to Oliver Wyman Financial Services Partners Elena Belov, Tammi Ling and Allen Meyer, ... Continue Reading »
COVID-19 Perspectives Series: Q&A with David Priebe, Chairman, Guy Carpenter
Guy Carpenter Chairman David Priebe recently held a three part interview with The Insurer to share his thoughts on the myriad ongoing and potential impacts of the COVID-19 pandemic. ... Continue Reading »
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 a ... Continue Reading »
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. ... Continue Reading »
Responding To COVID-19: Primer, Scenarios, And Implications
Because the COVID-19 situation is evolving rapidly, Guy Carpenter-affiliate Oliver Wyman has focused on creating a central primer on the latest status from an epidemiologic perspective and the key scenarios that can play out over time. ... Continue Reading »
Eight Actions For Corporate Treasurers In The Pandemic
The global outbreak of COVID-19 is a fast-evolving situation, with widespread ramifications across industries, including financial services. As the economic consequences of the outbreak unfold, the priority for corporate treasurers is to establish ongoing and clear communication with bank providers. Treasurers should remain in close contact with bank providers across a range of ... Continue Reading »
Emerge Stronger From A Crisis: Five near-term moves to accelerate growth
Businesses must act swiftly during a crisis to maintain near-term viability. But it can be tempting to overreact and focus too much on cutting costs to preserve cash, according to Kevin Berger and Jessica Stansbury, Partners at Guy Carpenter-affiliate Oliver Wyman. This is rarely the best path to ensure long-term success. ... Continue Reading »
COVID-19: Managing Supply-Chain Disruption
Supply chain disruptions that are both sudden in onset and potentially long-term in duration, like those presently occurring as a result of COVID-19, present firms with a series of challenges. ... Continue Reading »
