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The Geneva Association : an investigation into the insurability of pandemic risk

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<title>Geneva Association</title>
<subTitle>: an investigation into the insurability of pandemic risk</subTitle>
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<dateIssued encoding="marc">2020</dateIssued>
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<abstract displayLabel="Summary">COVID-19 and the draconian shutdown measures adopted by many governments to contain it have plunged the global economy into the deepest recession since the Second World War. For the global insurance industry, too, the pandemic is a severe loss event. Despite this massive strain, initially exacerbated by a steep decline in capital markets, insurers worldwide promptly paid legitimate claims in all areas where pandemic risk was intended to be covered; for example, under life, health and event cancellation policies. In addition, also during the lockdowns, insurers have continued to pay claims and benefits unrelated to the pandemic; for example, in motor, liability and annuities insurance.</abstract>
<note type="statement of responsibility">Kai-Uwe Schanz</note>
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<topic>COVID-19</topic>
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<topic>Pandemias</topic>
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<topic>Recesión económica</topic>
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<topic>Mercado de seguros</topic>
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<topic>Perspectivas del seguro</topic>
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<topic>Asegurabilidad</topic>
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<title>Asia insurance review</title>
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<originInfo>
<publisher>Singapore : Ins Communications Pte Ltd., 2009-</publisher>
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<identifier type="issn">0218-2696</identifier>
<identifier type="local">MAP20090003767</identifier>
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<text>01/12/2020 Número 12 - diciembre 2020 , p. 14-15</text>
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