The corporate sector in many countries had already operated with high levels of debt, which the pandemic will exacerbate by adding further debt and reducing cash flows, according to Douglas J. Elliott, Partner, Financial Services at Oliver Wyman. Oliver Wyman is an affiliate of Guy Carpenter. Similarly, virtually all governments are adding substantially to their debt levels ... Continue Reading »
Pandemic
European Healthcare Investment During COVID-19
As the initial systemic shock that COVID-19 has had across the globe begins to abate, healthcare has proven economically resilient relative to other sectors. The crisis has however fundamentally changed the short- and medium-term future healthcare landscape – impacting both the healthcare provider and life sciences industries. ... Continue Reading »
How COVID-19 Strategies Can Help Fight Climate Change
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 »
The Impact of COVID-19 on Alternative Assets
The rapidly evolving COVID-19 crisis is continuing to create severe political, social, and economic uncertainty that is translating into significant public market volatility worldwide. While the impact on alternative assets is less observable to-date, it is likely to be as significant as that for public markets. ... Continue Reading »
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 »
What’s Around the Bend for Health Plan Pricing
Over half a million people across the United States to date have tested positive for COVID-19. The nation’s healthcare system has been brought to its knees. There is incredible newfound gratitude for healthcare workers, true heroes who risk their lives to save lives, all from the frontlines of a pandemic. ... 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 »
COVID-19: Next Steps for Your Cyber Insurance
Organizations face increased cyber challenges as COVID-19 continues to spread, with core activities often disrupted or needing to be adapted. A new briefing from Guy Carpenter-affiliate Marsh outlines how, as organizations respond to urgent and changing business needs, it is vital that they continue to make cybersecurity a priority. One aspect of this is understanding the ... 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 »
