The Impact for Life & Health Insurance Companies COVID-19 is likely having an impact on insurance company capital. Companies are closely monitoring potential decreases in assets as well as liability changes in an effort to protect their capital and surplus positions. Rating agencies are also monitoring these developments to try to identify companies whose financial ... Continue Reading »
macroeconomic
Risk-Based Capital Stress Testing: Part I
As companies continue to navigate the repercussions of COVID-19, it is important that they understand the pandemic’s impact on risk-based capital (RBC). Insurers are dealing with COVID-19’s effects on assets and liabilities, both of which can affect capital levels. ... Continue Reading »
Digital Health Surveillance: A Balancing Act For Businesses In A Time of Coronavirus
The cyber risk sector is constantly evolving, and it is crucial for reinsurers to keep up with the latest developments in the space. Looking toward the remainder of 2020 as COVID-19 upends how businesses interact with technology, the reinsurance market sees a number of emerging trends. While COVID-19 remains a threat worldwide, societies and businesses are keen to restart ... Continue Reading »
How America’s Insurance System Can Prepare For a Future Pandemic
The insurance industry, policyholders and governments throughout the world must come together on an approach that offers relief to those who need it now and develop a plan to implement mitigation strategies and a response mechanism for future pandemic events. The scale of this exposure is immense and far beyond the financial capabilities of the insurance industry alone. A ... Continue Reading »
The Age Of Accelerating Strategy Breakthroughs
The reinsurance sector has shown itself to be well versed at navigating market-changing events, and the overriding message following recent renewals is that the market remains well positioned to support insurers through the current period of uncertainty and volatility brought on by the COVID-19 pandemic. Several months into a global pandemic, leading organizations are ... Continue Reading »
Podcast: Planning a Safe Return to Work With Pandemic Navigator
All segments of Guy Carpenter's business are being affected by current events, and it is critical that companies provide colleagues with the support needed to move forward with their day-to-day activities. The ability of intelligence technology (IT), human resources and management to respond so effectively to this unprecedented situation by pivoting almost immediately to ... Continue Reading »
COVID-19: Insurance Implications for Financial Institutions
In times of economic distress, (re)insurance is typically considered by investors to be a defensive sector. This is not to say the sector will be unaffected by the COVID-19 crisis. Access to capital has reduced while carriers’ assets have clearly been hit by lower interest rates, wider credit spreads and an equity crash. A fall back into recession will also hinder growth o ... Continue Reading »
Webcast: Navigating Pandemic Recovery Risks
The (re)insurance industry, policyholders and governments throughout the world must come together on an approach that offers relief to those who need it now and develop a plan to implement mitigation strategies and a response mechanism for future pandemic events. The scale of this exposure is immense and far beyond the financial capabilities of the insurance industry ... Continue Reading »
Governments Need Private Capital for Economic Recovery and Future Disaster Protection
It is a government’s responsibility to prepare for risks that may threaten national security and social stability, and as government entities take steps to understand and manage those risks, they are turning to the reinsurance market to find ways to improve their financial resilience. The risk landscape for public sector entities is changing faster than ever before, with e ... Continue Reading »
Webinar: Epidemiology Modeling and Consumer Confidence – COVID-19 and the Impact on the U.S. Financial System
In times of economic distress, (re)insurance is typically considered by investors to be a defensive sector. This is not to say the sector will be unaffected by the COVID-19 crisis. Access to capital has reduced while carriers’ assets have clearly been hit by lower interest rates, wider credit spreads and an equity crash. A fall back into recession will also hinder growth o ... Continue Reading »
