OLDWICK, N.J.--(BUSINESS WIRE)--Top industry leaders share their thoughts about the pandemic and its impact on the insurance industry in the four-part series, “An Industry Transformed.”
Insurers might avoid efforts to saddle their industry with non-contractual obligations to cover business interruption. But that, is a reminder that much of the insurance industry excludes a range of catastrophic risks, including earthquakes, hurricanes, floods, infectious diseases and more. The downside is an industry that risks eroding its position as a valued backstop to economic ruin. The good news: some are finding new ways to cover previously shunned risks. Watch now: http://www.ambest.com/ambtv/relevancy.
- Robert Hartwig, director, Risk and Uncertainty Management Center, Darla Moore School of Business, University of South Carolina;
- Neil Sprackling, president, U.S. life & health, Swiss Re;
- Pina Albo, chief executive officer, Hamilton Insurance Group; and
- Suki Basi, managing director, Russell Group.
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