COVID-19 impacts life insurers on several fronts

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      <subfield code="a">COVID-19 impacts life insurers on several fronts</subfield>
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      <subfield code="a">The speed at which coronavirus has spread from a relatively localised issue into a global pandemic means that insurers have had little time to prepare. But it's clear; prepare themselves they must. COVID-19 poses a broad set of challenges for life insurers about how they can manage the impact of the outbreak in a controlled way to mitigate the short-term effects and potential longer-term implications. Additionally, business continuity issues, market dislocation and the uncertain mortality outlook will impact the very core of insurance capital and profitability. </subfield>
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