Skip to main content

General News

Websites

Asian Insurance Review

Artemis.bm

Commercial Risk

The Economist

Financial Times

Insurance Journal

MEIR Insurance Review

Commercial Risk Online

Reinsurance News

Key Articles

University of Pennsylvania - Evaluating the Role of Insurance in Managing Risk of Future Pandemics

OECD - Addressing The Protection Gap For Pandemic Risk: Finding A Way Forward (link)

SP Global - How Covid-19 has changed insurance (link)

5 Feb 2021 - 3 Ways COVID-19 Will Continue to Impact Insurance Industry in 2021 (link)

2020

October - What Can the Covid-19 Pandemic Change in the Global Insurance Business? Identification of the Major Challenges (link)

October - Allianz: How Covid-19 is changing claims trends and risk exposures for companies and their insurers (link)

September - Micro-Insurance: Role and Issues During the Covid-19 Crisis (link)

August - The Impact of COVID-19 on the Insurance Industry, the case of Ghana (link)

July - Microinsurance Network: COVID-19: a moment of truth for microinsurance (link)

June - Islamic Relief Network - The role of microinsurance in the global pandemic (link)

June - Cenfri: Insurance in the Age of COVID-19: The Pandemic Highlights the Need for a New Approach (link)

May - COVID-19: The Great Reset - This essay looks back at the main themes of Insurance Futures, after what we call ‘The Great Reset’. We explore geopolitics, climate change, financial stability and trade. We take another look at cities, sustainability and radical innovation.

28 May - Designing insurance for the next pandemic (Financial Times)

24 Apr - Coronavirus to be largest industry loss ever: Chubb’s Greenberg & Lloyd’s Neal

26 Mar - Willis develops pandemic tracker to help clients assess P&C exposures

19 Mar - Uninsured and vulnerable: how the coronavirus pandemic is hitting the world’s poor (MicroInsurance Network)

12 Mar - Why ins­urance cover rarely extends to epi­de­mics - Many companies are complaining about the cost of the coronavirus crisis. Losses of this nature are usually not insured as the consequences of a pandemic are hard to calculate. Besides, the insurers are already liable through other business lines

24 Feb - In the Regulatory Hot Zone: How NAIC’s Historical Data Can Inform the Insurance Sector’s Response to Coronavirus - "I recently went through the NAIC archives to see what I could learn about pandemics and their effect on the insurance industry. NAIC’s commitment to studying the influence of pandemics on the insurance industry goes back nearly 150 years..." (LinkedIn article)

  • Read article in French & Spanish
  • Microinsurance provides a degree of protection for the world’s most low-income and vulnerable populations, but we already know that inclusive insurance penetration rates are alarmingly low in developing economies. The current coronavirus pandemic will only make things worse for them.
  • Most obviously, health insurance can help with hospital bills, medicines or cash to replace lost income. In Kenya, after initial reports that some health policies - which typically exclude pandemics - would not cover coronavirus-related medical costs, the government’s Insurance Regulatory Authority has stepped in to ensure payments will be made. Indian insurers have gone out of their way to reassure life policyholders that nominees of individuals who die from coronavirus will get the sum assured, even though many life products exclude coronavirus on the grounds that it is not classified as a ‘critical illness’. “Lots of policies have had exclusions placed in them in the last 10 years due to [insurers’] experience with flu-type outbreaks,” says Michelle Crorie, a partner at law firm Clyde & Co.