Coronavirus: A Primer on Insurance Implications Arising from a Global Pandemic Parts 1 and 2
Presented By: DRI
COVID-19 has brought the world to a standstill. In a matter of weeks, it has resulted in the infection of over 200,000 people in over 150 countries. Thousands of people have died. The World Health Organization has declared it a global pandemic. In its wake, COVID-19 has not only threatened the health of the global population, but has shaken the core of the global economy, resulting in losses in the hundreds of billions and prompting the United States to propose a trillion dollar stimulus package to aid individuals and businesses in their effort to survive the economic impact of this virus. The impact of COVID-19 on the insurance industry is likely to be significant as the exposures arising from this global pandemic prompt an analysis of myriad insurance risks under a variety of products for first-party property and business interruption benefits, event cancellations, and liability claims. This presentation will explore the emergence of COVID-19 and its impact on insurance risks.
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