Responding to the COVID-19 and pandemic protection gap in insurance:
The COVID-19 pandemic and the measures taken to limit the spread of the disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses. The vast majority of these losses are likely to be absorbed by policyholders as, unless...
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2021
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Schriftenreihe: | OECD Policy Responses to Coronavirus (COVID-19)
|
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The COVID-19 pandemic and the measures taken to limit the spread of the disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses. The vast majority of these losses are likely to be absorbed by policyholders as, unless governments (or courts) intervene, few companies have business interruption coverage that is likely to respond to these types of losses - exposing the existence of an important protection gap for some pandemic-related business interruption losses. This note provides an overview of how business interruption insurance against pandemic risk could be provided with support from governments, and some of the challenges and considerations necessary for establishing such a programme |
Beschreibung: | 1 Online-Ressource (38 Seiten) |
DOI: | 10.1787/35e74736-en |
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series2 | OECD Policy Responses to Coronavirus (COVID-19) |
spelling | Responding to the COVID-19 and pandemic protection gap in insurance Organisation for Economic Co-operation and Development Paris OECD Publishing 2021 1 Online-Ressource (38 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Policy Responses to Coronavirus (COVID-19) The COVID-19 pandemic and the measures taken to limit the spread of the disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses. The vast majority of these losses are likely to be absorbed by policyholders as, unless governments (or courts) intervene, few companies have business interruption coverage that is likely to respond to these types of losses - exposing the existence of an important protection gap for some pandemic-related business interruption losses. This note provides an overview of how business interruption insurance against pandemic risk could be provided with support from governments, and some of the challenges and considerations necessary for establishing such a programme Finance and Investment https://doi.org/10.1787/35e74736-en Verlag kostenfrei Volltext |
spellingShingle | Responding to the COVID-19 and pandemic protection gap in insurance Finance and Investment |
title | Responding to the COVID-19 and pandemic protection gap in insurance |
title_auth | Responding to the COVID-19 and pandemic protection gap in insurance |
title_exact_search | Responding to the COVID-19 and pandemic protection gap in insurance |
title_exact_search_txtP | Responding to the COVID-19 and pandemic protection gap in insurance |
title_full | Responding to the COVID-19 and pandemic protection gap in insurance Organisation for Economic Co-operation and Development |
title_fullStr | Responding to the COVID-19 and pandemic protection gap in insurance Organisation for Economic Co-operation and Development |
title_full_unstemmed | Responding to the COVID-19 and pandemic protection gap in insurance Organisation for Economic Co-operation and Development |
title_short | Responding to the COVID-19 and pandemic protection gap in insurance |
title_sort | responding to the covid 19 and pandemic protection gap in insurance |
topic | Finance and Investment |
topic_facet | Finance and Investment |
url | https://doi.org/10.1787/35e74736-en |