New research reveals that, in 2020, the U.S. was dealing with two public health crises. While many individuals practiced social isolation measures due to the COVID-19 pandemic, opioid-related deaths spiked. RGA investigates this epidemic within a pandemic, analyzing U.S. overdose mortality to better understand opioid related-deaths.
Ongoing global crises will renew focus on “real” economy issues. Insurers can help maintain resilience as a new world order takes shape for instance by providing businesses with protection against earnings volatility as operating conditions change, and as investors in a sustainable future.
IIS Executive Insights Cyber Expert: David Piesse, CEO, DP88
Ralph Mucerino, Principal, RPM Strategy and Management Consulting LLC
Employer and Employee Perspectives Differ
While the pandemic has certainly impacted mental health, available evidence to date suggests that suicide rates globally have not increased. RGA examines the evidence, cautions that the pandemic’s long-term effects on suicide are still evolving, and suggests the insurance industry has a significant role to play in suicide awareness and prevention moving forward.
The world economy regained macroeconomic resilience in 2021, benefiting from the cyclical rebound from the COVID-19 crisis and rising long-dated interest rates during the year. However, we estimate that the resilience lost in the 2020 COVID-19 crisis will only be recouped this year, and any economic deterioration in the coming months may throw the recovery off course.
Explore AM Best’s extensive analysis on how global reinsurance companies have shifted their business mix into casualty and specialty primary lines, where pricing movement is still positive, due to increased losses from natural catastrophe events, secondary perils, pandemic impacts and economic uncertainty. Additional topics include AM Best’s annual ranking of the Top 50 global reinsurance groups, in-depth looks at the insurance-linked securities, Lloyd’s, life reinsurance, mortgage and regional reinsurance markets.
In this Milliman white paper, learn how government-sponsored catastrophe bonds can be a solution to help protect developing nations from the financial devastation of natural disasters and build greater climate resilience for these at-risk countries.
IIS Executive Insights Life & Health Expert: Ronald Klein, Executive Director, BILTIR
“Let sleeping dogs lie,” an expression that has been around since the 13th century, gained fame from Geoffrey Chaucer.[1] It refers to a belief that dogs are unpredictable when suddenly disturbed, so it might be better not to disturb them, because the situation could get unpredictably worse.
The BlackRock Investment Institute’s 2022 Midyear Outlook explores the shift to a new, more volatile regime through the lens of three investment themes – and translates them into updated asset views.