pandemics News

Re/Insurers, Other Global Businesses Have Stake in New WHO Leader

The World Health Organization’s 194 member-states will vote for a new director-general next week, choosing a doctor to lead the planet’s top technical agency on all matters health. With a $4 billion annual budget, WHO’s influence extends to virtually all …

AIR Worldwide Expands Global Pandemic Model to Include 6 Additional Diseases

Boston-based catastrophe risk modeling firm AIR Worldwide (AIR) announced it has expanded its Global Pandemic Model to include outbreaks of six additional diseases. The model now explicitly accounts for nine pathogens, including bacterial and viral diseases, in addition to previously …

Brexit, Climate Change and Clean Air

What does the Brexit portend for all those collaborative efforts undertaken by the European Union to battle climate change? It’s a question a number of people were pondering – in Europe and in the U.S. – after last week when …

Pandemics and Climate Change Present Opportunity for Insurers

The shoe may eventually be placed on the other foot for the U.S. This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other countries. Now the U.S. may …

Business Interruption Claims on the Rise: Allianz

The average large business interruption (BI) property insurance claim is now in excess of $2.4 million, 36 percent higher than the corresponding average property damage claim of just over $1.7 million, according to a report from Allianz Global Corporate & …