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We analyze how pandemic business interruption coverage can be put in place by building on capitalization mechanisms. The pandemic risk cannot be mutualized since it affects simultaneously a large number of businesses, and furthermore, it has a systemic nature because it goes along with a severe...
Persistent link: https://www.econbiz.de/10012387545
, with a specific view of the business of insurance and reinsurance companies, who are responding to the widening of the …, many expect insurers to reimburse some of these costs and losses. Insurance companies are also significant investors in … improving the insurance coverage related to pandemics by establishing (re)insurance schemes and pooling arrangements for other …
Persistent link: https://www.econbiz.de/10013266128
on the business insurance market in the medium- and long-term horizon. The first section of this elaboration presents the … measurement rules and the third describes the potential effects of COVID-19 on the insurance market. Contrary to other … in relation to the insurance company client, e.g., change in the amount of the insurance premium under the insurance …
Persistent link: https://www.econbiz.de/10013358888
, financial services and insurance sector. Further, we have given some recommendations to mitigate the situation so that the …
Persistent link: https://www.econbiz.de/10012826388
selected insurance companies in Nigeria. It emphasizes the need to ensure that insurance companies achieve substantial … study adopted a survey design, utilizing a sample of 350 respondents from two selected insurance companies in the southwest … operational performance of the insurance companies, the increase in the use of many ICT tools has proven to be caused by lockdown …
Persistent link: https://www.econbiz.de/10012801985
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The European Insurance and Occupational Pensions Authority suggests that as the coronavirus disease 2019 (COVID-19 … should mitigate the pandemic's impact on the European insurance sector. The functioning of insurance companies is in danger …, we evaluate the effects of the COVID-19 pandemic on insurance companies using European insurance companies’ financial …
Persistent link: https://www.econbiz.de/10012605772
insurance sector which has a significant contribution in the country’s GDP and economic development. This paper is an attempt to … study the effect of COVID-19 pandemic and its overall effect on the business of Indian life insurance sector. The study is … has been collected from various newspaper articles, online blogs, website and annual reports of life insurance companies …
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