The most timely opportunity to take action on pandemic risk insurance is not necessarily when a new virus is making international headlines. ... Continue Reading »
Pandemic
Global Risks Report 2020: Pressures on Health Systems
Gathering pressures are straining health systems on many fronts. The 2020 Global Risks Report, produced by the World Economic Forum in partnership with Marsh & McLennan and Zurich Insurance Group, discusses long-standing challenges as well as the next generation of health pressures that health systems are now confronting. ... Continue Reading »
Responding to COVID-19: Six Things Banks Should Do To Minimize Impact To The Economy
As the number of cases of the Coronavirus (COVID-19) increases, the focus of companies must be on limiting the direct impact on employees and customers while also supporting efforts to limit the spread of the virus. The healthcare sector, airlines, travel firms, and supermarkets are experiencing the immediate impact, and face a huge challenge over the coming weeks to respond ... Continue Reading »
China’s E-grocery Booms As Consumer Diet Shifts During Epidemic
In a recent survey of Chinese consumers by Guy Carpenter-affiliate Oliver Wyman, eight out of 10 respondents said their food choices have changed during the COVID-19 outbreak, and half of them reported a substantial change. The consultancy also found in the survey that Chinese e-commerce players are the biggest winners. This is because 62 percent of the respondents said they ... Continue Reading »
The Impact of Coronavirus on the Global Market
According to the World Health Organization, the Coronavirus outbreak has reached a decisive point. It now has “pandemic potential” and companies are understandably concerned about the spread of the virus and its effect on their business. ... Continue Reading »
Healthcare Providers’ Coronavirus Response
Following the Center for Disease Control's (CDC) announcement that the United States should prepare for a major coronavirus outbreak, healthcare providers are planning and implementing their response. Events over the last several days have made it clear that the COVID-19 virus is present in the US and is spreading within some communities, according to Bruce Hamory, MD, Partner ... Continue Reading »
GC Capital Ideas Enhances Access to Pandemic Insights
As interest in access to the latest insights on pandemic and the novel coronavirus (COVID-19) grows, GC Capital Ideas is adding a new feature to provide more direct access. You can click on the "Pandemic" hotspot on the banner atop GC Capital Ideas homepage, or click on the link below. Click here to access the new GCCI Pandemic Tab >> Additionally, here are some of ... Continue Reading »
How to Put People First As the Coronavirus Outbreak Grows
The ongoing novel coronavirus (2019-nCoV) outbreak has dominated headlines and captured public attention over the last several weeks. And with good reason: Thousands of cases and hundreds of deaths from the virus have been confirmed globally, according to the World Health Organization, which has declared the outbreak a public emergency of international concern. ... Continue Reading »
Coronavirus Is Rupturing Global Supply Chains
The coronavirus (COVID-19) outbreak in China will harm the world’s gross domestic product growth since China accounts for 15.4% of global products and services produced. Approximately 500 manufacturing facilities are located in Wuhan, the epicenter of the outbreak, where quarantines are forcing plants to shut down or slow down. Many firms are issuing earnings warnings, and m ... Continue Reading »
The Impact of the Coronavirus on Business
Pandemics top national risk-management frameworks in many countries. For example, pandemic influenza tops the natural hazards matrix of the UK National Risk Register, and emerging infectious diseases are tagged as of considerable concern. Seen as a medical problem, each outbreak of a potentially dangerous infection prompts authorities to ask a rational set of questions and dust ... Continue Reading »
