The Covid-19 outbreak that began towards the end of last year has now become a global pandemic .The spread of the disease is accelerating, with the World Health Organization recently describing Europe as its current ‘epicentre’.The impact of Covid-19 on our family, communities and work lives continues to grow.
A crisis such as Covid-19 affects all business sectors – but there are some unique considerations that impact the insurance industry. So, how is the insurance industry likely to shape up to the unfolding crisis? What are the implications across the different segments of general and life insurance? And what longer-term trends might the outbreak serve to usher in for the future?
To help you understand your exposure to Covid-19, and more importantly, position your business to be resilient in the face of this and prepare for the future, please review timely insights from KPMG Insurance leaders from across the globe.