GC’s Priebe: ‘Mindset change’ will help insurers address pandemic risk

25 March 2021

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Guy Carpenter chairman David Priebe said that pandemic risk is insurable – just not in the way that the industry thinks of insuring risk today – as he forecast that progress on public-private insurance facilities will pick up in the later part of this year.

(Re)insurers can get involved in tackling pandemic exposures by taking clearly defined risks within certain geographies or in public private partnerships (PPP), he said.

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GC’s Priebe: ‘Mindset change’ will help insurers address pandemic risk

Guy Carpenter chairman David Priebe said that pandemic risk is insurable – just not in the way that the industry thinks of insuring risk today – as he forecast that progress on public-private insurance facilities will pick up in the later part of this year.

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GC’s Priebe: ‘Mindset change’ will help insurers address pandemic risk

Guy Carpenter chairman David Priebe said that pandemic risk is insurable – just not in the way that the industry thinks of insuring risk today – as he forecast that progress on public-private insurance facilities will pick up in the later part of this year.

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Uncover exclusive insights tailored for insurance leaders

Topics

Berkshire Hathaway Q1 P&C reinsurance CoR improves 11 points to 81.5%

Ryan Specialty books $250mn cash consideration in Castel acquisition

Enstar Q1 earnings fall 71% to $119mn

Odyssey names Overy to succeed Young as group CEO

Brit reports 89.7% combined ratio, $913mn GWP for Q1

Ardonagh in prime position to secure A$2bn+ PSC deal

Sedgwick appoints Nicoll head of media claims division UK