Dexamethasone: The First Life-Saving Drug for Very Sick COVID-19 Patients
In the history of medicine, there have been many major discoveries that were made serendipitously. Drugs which have been developed to treat one illness have proven effective for quite another. This apparently haphazard nature of medical discovery gives rise to what can appear to be a random walk of medical progress, a phenomenon which is captured in the RMS LifeRisks longevity model. Dexamethasone belongs to a class of medicines known as corticosteroids,…
A Model Approach
COVID-19 is shining a spotlight on the need for predictive infectious disease modeling to help insurers project the onset and spread of costly outbreaks.
Twenty-First Century Pandemic Risk Management
The tactics of warfare are learned on the latest field of battle. The same is true for the management of pandemics, where defensive measures require the full engagement of the state. Outside of Africa, the last deadly epidemic in 2003 was caused by another coronavirus: SARS (severe acute respiratory syndrome). SARS brought a “partial pandemic,” as the outbreak was largely restricted to some cities in China and a few neighboring countries. However, for the…
Coronavirus Blog Series
Review the latest COVID-19 blogs from pandemic risk and medical experts at RMS
The COVID-19 Coronavirus: What You Need to Know
Since it first appeared December 2019, the COVID-19 has spread to over 200 countries. The outbreak is having a major impact on the economy and the global health environment. Costs continue to rise, and there are many questions regarding its impact on the global (re)insurance markets. Topics discussed will include: Status on the current situation Modeling the spread of COVID-19: What have we learned? Implications for Insurance Q&A with a panel…
Infectious Disease Modeling
Examine the science behind pandemic risk assessment
COVID-19 Assessment Report
RMS looks at the spread and overall mortality using the RMS Infectious Disease Model
RMS and Willis Re discuss the insurance implications of COVID-19
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."
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.
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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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