Markets/Coverages: Munich Re Launches Pandemic Consortium via Lloyd’s Market February 3, 2026 Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd’s market initiative which will...
COVID-Like Bat Virus Discovered by Researchers in Chinese Lab February 24, 2025 By Robert Langreth and John Lauerman Researchers at the Wuhan Institute of Virology in China said they discovered a new coronavirus in bats that enters cells...
UN Launches Disaster Insurance Program for Developing Countries September 28, 2021 The United Nations Development Programme has launched an initiative to help governments and the private sector in developing countries provide...
EU Cautions Against Rushing into Public-Private Pandemic Insurance Scheme June 9, 2021 The European Union’s executive body urged caution on Tuesday in the face of calls for a public-private scheme for insuring...
Insurers Seek to Find Ways to Make Pandemics Insurable May 10, 2021 By Carolyn Cohn LONDON – When much of the global economy locked down last year, insurers, facing estimated losses of more than $100...
Insurers Don’t Have Capacity to Handle Systemic Pandemic Risk: Generali CEO March 4, 2021 MILAN – Europe’s insurance industry doesn’t have the capacity to deal with the systemic risk of a pandemic and more...
Why World Bank’s Controversial Pandemic Bonds Didn’t Function as Hoped December 10, 2020 By Tracy Alloway and Tasos Vossos In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood...
Munich Re to Halt Coverage for Events Canceled Due to Pandemics December 8, 2020 By Tom Sims German reinsurance group Munich Re will no longer insure against events canceled due to pandemics, a board member said on...
Insurance Advisory Organization’s Pandemic Endorsement Approved by 6 States September 22, 2020 AAIS (the American Association of Insurance Services) has received approval from six state insurance departments for its health-emergency policy endorsement,...
How Insurance Industry Might Respond if a Pandemic Is an Act of Terror September 21, 2020 By L.S. Howard Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons,...