Protecting Against the Next Pandemic
The provision of insurance protection against pandemic business interruption represents a major societal and insurance industry challenge. The RMS® COVID-19 Pandemic Projections tool shows a second, winter wave of COVID-19 infections threatening regions where strict social distancing measures such as lockdown have been relaxed. How can this challenge be addressed, and how does the industry get closer to understanding the hazard and mitigating the risk? There…
RMS and Willis Re discuss the insurance implications…
Technology and the Business of Risk
"We can be much better prepared if we have identified and modeled the full range of potential catastrophes, which is why our work includes ‘looking around corners,’ thought leadership, scenario planning, and anticipating the events which have not been part of our recent experience and measuring their potential impacts and mitigations."
In September RMS launched new pandemic outlooks that reflect assumptions about vaccines to help businesses prepare for a potential second wave. Watch the interview with Maria Lomelo Director of RMS LifeRisk products and The ReInsurer to learn more.
Access 3 to 6 month projections to support longer term decision-making.
Two years ago Munich Re, the reinsurance giant, tried to start underwriting a new kind of insurance — one that would make a company whole if its business tanked in an epidemic. For months, there were no takers.
Access Information About RMS LifeRisks
Bring an integrated view of mortality shock and longevity trend risks underpinned by detailed medical research into your life, annuity, and pensions portfolios.
LifeRisks is a cloud-based software platform that delivers the models and data to perform portfolio specific analytics for the management of mortality and longevity risk.
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