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Covid-19 has transformed the risk landscape for insurance companies. In this paper, we discuss how insurers can explore their future exposures to the novel coronavirus through their ORSA.
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Parametric policies, which pay based on the magnitude of an event, can bridge coverage gaps that are difficult to insure with a traditional indemnity policy.
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COVID-19 ORSA guide: Understanding risk within the ‘new normal’
In this paper, we discuss how insurers can explore their future exposures to the novel coronavirus through their ORSA.