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Reinsurance & Covid-19 Coronavirus Survey

On the insurance & reinsurance market implications of the coronavirus pandemic

About the survey

Reinsurance News and Artemis polled the industry on its thoughts on the implications of the coronavirus pandemic for the insurance & reinsurance market to take the pulse of the market at this time.

What we did

We reached out directly to senior executives in the insurance and reinsurance industry and key contacts, as well as our global readership, asking for their view on the implications of the pandemic.

The results of this brief survey are intended to capture a snapshot of this historic moment and create useful data to inform actions in the insurance and reinsurance sectors.

The respondents

Hundreds of identifiable senior insurance and reinsurance industry executives, including 13 CEO's, 20 CUO's, 18 COO's, 38 senior Board members, reinsurance buyers, senior underwriting executives, ILS managers, brokers and a range of service providers.

We are witnessing history unfolding as a global industry that is profoundly connected and affected – personally and professionally – by the COVID-19 coronavirus pandemic.

This outbreak raises many questions and will potentially shape the world’s markets and economy for generations to come. So it's useful to understand the potential insurance and reinsurance market implications from your point of view, those working in it. This survey is intended to capture a snapshot of this historic moment, create useful data to inform actions, and take the pulse of the market at this challenging time.

Our global readership passed 200,000 across Reinsurance News and Artemis in March 2020. To work with us to gauge market opinion, or discuss advertising please get in touch.

We wish our readers, their families and colleagues all the best at this difficult time!

Survey Results

To begin, here are a few insights into the demographics of our reinsurance market survey respondents

As you'll see below, the majority of respondents have responsibility for, or provide input to, reinsurance and retrocession buying decisions

We asked respondents to rate the claims exposure of these lines of business to the Covid-19 coronavirus pandemic, (1 being low, 4 being very high)

We then asked for the line of insurance and reinsurance business thought likely to suffer the most

We asked our respondents to rank these issues for their potential impact to the industry as it deals with the pandemic crisis (1 being most significant)

We asked how concerned respondents were about legal action to force pandemic business interruption and shutdown claims into property programs

We asked our respondents how the pandemic will impact reinsurance rates and their own demand for reinsurance or retrocessional protection

We hope you've found these insights into the insurance and reinsurance market implications of the Covid-19 coronavirus pandemic useful.
Please share our survey results with your colleagues and contacts to give them a glimpse into the sentiment of the global reinsurance market at this important time.

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