A global pandemic hits
COVID-19
There will be lingering effects from the pandemic.
Regulatory reporting updates in light of COVID-19: Latest from EIOPA and the PRA, April 2020
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Insurance
Impact of COVID-19 on best estimate mortality assumptions
Adjustment of COVID-19 mortality data points & impact on the calibration of mortality models
COVID-19 and medical underwriting practices for life and health insurance
Life and health insurers have had to think about how to incorporate COVID-19 into medical underwriting, and benefit and product design.
How does our experience with COVID-19 impact the life insurance industry going forward?
Since the beginning of the COVID-19 pandemic in early 2020, we now have much more insight into COVID-19 deaths in the US, including hopes for how the pandemic may wind down because of widespread vaccinations and protection generated from prior infections.
COVID-19 ORSA guide: Understanding risk within the ‘new normal’
In this paper, we discuss how insurers can explore their future exposures to the novel coronavirus through their ORSA.
Critical Point Episode 26: COVID-19 and the mortgage credit risk market
The ramifications of COVID-19 on the mortgage credit risk market are still being assessed, but mortgage defaults are not expected to be as severe as during the global financial crisis, Milliman’s Mike Schmitz and Chris Harner discuss.
Milli-Byte follow-up: Life insurance product management and the COVID-19 pandemic
Milliman received responses from 30 carriers for the follow-up Milli-Byte Survey of Life Insurance Product Management and the COVID-19 pandemic.
Pandemic risk modelling in Solvency II internal models: Example of COVID-19
This paper discusses actuarial perspectives for the calculation of the capital requirement related to catastrophic pandemic mortality as required by the Solvency II regulation.
COVID-19 and enterprise risk management
The COVID-19 pandemic is raising some profound questions for risk practitioners.
Nowhere to drive: The impact of COVID-19 on the auto insurance industry
As a result of the coronavirus pandemic, auto insurers may likely see short- and possibly long-term effects in their claims experience.
Coronavirus: Staying ahead of the risks
COVID-19: What have we learnt from SFCRs of UK life insurers
This article reviews the Solvency and Financial Condition Reports recently published by major life insurers in the United Kingdom to examine the disclosures made on the impact of COVID-19.
Actuaries in the time of coronavirus
How should actuaries think and spend their time in regard to the COVID-19 pandemic?
COVID-19 consequences for Indian life insurers
The onset of COVID-19 and the impact on capital markets pose several challenges for Indian life insurers.
Health
IPMI market strategies winning business models key success factors and capabilities
This paper examines the strategies and business models adopted by leading players in the international private medical insurance market as well as the key success factors and capabilities required to win and sustain profitable growth in a post-COVID-19 world.
Are nursing homes COVID-19’s “contaminated wells,” and will they receive additional resources?
Emerging data from around the world suggest that nursing home residents are at exceptionally high risk for contracting COVID-19.
Everything you think you know about COVID-19 is probably wrong, but some of it is useful
What are the challenges of interpreting data, reports, and media coverage surrounding the COVID-19 pandemic?
Contain and delay: Two approaches to reining in COVID-19
Local strategies differ when it comes to fighting COVID-19, and it’s too early to know which strategy- contain or delay- works better.
Widespread home testing can keep people safe and get them back to work: Here's how
Fast, convenient, cheap, accurate, and widely-used COVID-19 tests can help identify both infected individuals who should self-isolate and those who have recovered, pose low contagion risks, and can help others fight the virus.
Economic responses to COVID-19: “Extraordinary times call for extraordinary measures”
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Retirement
Putting coronavirus market drops in perspective
The 1,190.95-point Dow decline on February 27, 2020, is the largest we’ve seen in the history of the Dow and amounts to a drop of over 4.4%.
Market volatility and the effect on single-employer plans
The turmoil the COVID-19 pandemic has caused in financial markets raises profound and potentially long-lasting concerns for pension plan sponsors.
Rehiring retirees in healthcare and other essential businesses
While many non-essential businesses are closing temporarily due to government requirements, even leading to staff layoffs in some cases, essential employers in some regions are experiencing the need to increase staffing levels.