COVID-19 Insurance Industry Impacts and Insights
The COVID-19 pandemic highlights the need for robust data and advanced analytics, which can reduce uncertainty during dynamic disease outbreaks such as this.
For the P&C and Life insurance industries, it is critical to be prepared for excess morbidity and mortality events such as COVID-19, from understanding the potential impacts to your business—such as those from loss of life and health-impacted insureds—to being able to manage shifting liabilities and assets, interruptions to supply chains, and potential litigation.
Flattening the Curve
The spread of COVID-19 has been surrounded by uncertainty due to a lack of reliable data. Learn how probabilistic modeling can give (re)insurers an improved view of risk.
Supply Chain Risk
Governments and corporations around the world are concerned by the growing impact of COVID-19 on their supply chains.
Read: Navigating the Uncertainty—Economic Impact of COVID-19
Casualty Risk
The COVID-19 pandemic has the potential to directly or indirectly initiate significant litigation across multiple industries.
Watch how a simulated event from our pandemic risk model’s 500,000-year stochastic catalog captures the excess morbidity, mortality, and insurance losses caused by an influenza pandemic.
How would the 1918 influenza pandemic impact your organization if it occurred with today’s population, travel patterns, and medical advancements?
Megadisaster articles examine a 100-year event from our stochastic catalog, offering insights into physical characteristics, exposures, modeled losses, and how to prepare.
See the latest industry publications featuring our COVID-19 experts:
Verisk’s stochastic risk models across life insurance, annuity, and pension; supply chain; and casualty provide our clients across the P&C and Life industries a comprehensive understanding of how their portfolios may be impacted by extreme morbidity and mortality events such as pandemics, enhancing planning and risk decisions.
Contact us with your questions or comments on COVID-19 or to learn more about Verisk's pandemic modeling capabilities.
As the COVID-19 pandemic continues to evolve, Verisk experts in pandemic impacts to insurance and other industries are also regularly contributing content to our COVID-19 Resource Page.
