Magazine Table of Contents
Insurance plays a crucial role in times of crisis. Health insurance lessens the cost burden of the ill and the injured. Life insurance offers financial relief to the dependents of the deceased and non-life insurance helps affected organisations restore their operations. Greenberg School of Risk Management’s Professor W Jean Kwon looks at staying innovative during a pandemic crisis.
Early indicators suggest that the first five months of the year have resulted in significantly improving loss ratios for the insurance industry. But as businesses resume operations, insurers have to brace for the medium- to long-term impact of the pandemic, says Mr Adil Abid of KPMG Lower Gulf.