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 »
Weather Sentinel: 2020 SCS Season Underway
March Recap Traditionally, the month of March marks the onset of the severe weather season across the United States. While severe thunderstorm activity can happen at any point during the year, the peak of activity typically occurs during the months of March, April and May. Here are some highlights that took place over the last month. March began abruptly with a sizable ... Continue Reading »
GC Capital Ideas Top Stories: First Quarter, 2020
1. January 1, 2020 Reinsurance Renewals Reflect Asymmetrical Market: Reinsurance renewals at January 1, 2020, were shaped by deteriorating loss experience, a lack of new capital inflows and increasingly challenged environments in the primary insurance and retrocession markets, according to Guy Carpenter. Read the report >> 2. CAT-i Report on Australia Bushfires – J ... 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 »
GC Capital Ideas Top Stories: March 2020
1. CAT-i Bulletin - Tennessee Tornadoes: In the early hours of March 3, 2020, severe thunderstorms spawned multiple tornadoes in Middle Tennessee, including an EF-3 tornado affecting parts of Nashville and a stronger EF-4 tornado in Putnam County. Read the article >> 2. Access to Private Capital Crucial to Governments’ Ability to Enhance Climate Resilience: Severe w ... 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 Is Officially a Pandemic. What Now?
With the World Health Organization (WHO) now calling COVID-19 a global pandemic, many businesses are wondering what it means for them. The answer: Not much, from a practical standpoint. But it’s a reminder that this global health crisis is significant — and that a proactive response is essential, according to Jeffrey Alpaugh, Managing Director, U.S. & Canada Growth & Ind ... Continue Reading »
The 2020 Global Risks for Infrastructure Map
The infrastructure sector today faces a complex landscape of global risks. The 2020 Global Risks Report (GRR), an annual report published by the World Economic Forum with support from Marsh & McLennan, warns of a chronically unsettled global landscape – one that businesses cannot expect will ‘snap back’ to its old normal. ... Continue Reading »
Navigating the Insurtech Market
Innovation has been a priority for many Life, Accident and Health insurance carriers. The need for innovation is driven by consumers demanding a more customer-centric experience. According to a 2019 study by J.D. Power (1), the overall customer satisfaction for providers of annuity products and life insurance providers is lower compared to most other insurance and financial ... 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 »
