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After the dust settles

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<title>After the dust settles</title>
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<namePart>Malakar, Harshitta </namePart>
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<dateIssued encoding="marc">2020</dateIssued>
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<abstract displayLabel="Summary">Although the world has witnessed outbreaks of infectious diseases before, most were contained locally, and more quickly, than the current COVID-19 pandemic. As a result, they had smaller and more localised economic and social impacts. COVID-19 containment measures have forced business closures, event cancellations and a general dampening of economic activity, resulting in a substantial decrease in GDP and employment. In the Eurozone, the Q2 2020 seasonally adjusted GDP is down 12%, and employment in terms of number of persons employed and number of hours worked has fallen by 2.7% and 10.7% respectively. It is expected that the impact of COVID-19 on Lloyd's of London will be greater than the impact of large losses witnessed post-2012.</abstract>
<note type="statement of responsibility">Hazel Beveridge, Harshitta Malakar</note>
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<topic>Mercado de seguros</topic>
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<topic>Impacto económico</topic>
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<topic>COVID-19</topic>
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<topic>Pandemias</topic>
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<topic>Perspectivas del seguro</topic>
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<title>The Actuary : the magazine of the Institute & Faculty of Actuaries</title>
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<publisher>London :  Redactive Publishing, 2019-</publisher>
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<identifier type="local">MAP20200013259</identifier>
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<text>01/12/2020 Número 11 - diciembre 2020 , p. 20-21</text>
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