Insurance and the pandemic: what's the way forward?

Why you should watch:

While much attention has been focused on the issues around business interruption insurance (and the damage that can do to the industry's reputation), insurers have actually done pretty well at maintaining payouts through a time of great stress. But this is (in many eyes) a 'systemic' problem, rather than a run-of-the-mill 'catastrophe' - and that inevitably means a bigger role for government. Should there be a Pandemic Re? But maybe the next crisis will not be another pandemic; maybe it will be a massive cyber attack or terrorism. How do we write policies going forward that are precise enough to satisfy the lawyers, but flexible enough to cover risks that are rapidly evolving? And what about the reinsurance industry; will it continue to follow the industry, or will it say 'no mas'? A fascinating discussion with five industry leaders.

Moderator: Andrew Hilton (Director, CSFI)

Panellists:

Julian Enoizi is CEO of Pool Re, the government-back terrorism reinsurer. He is a former CEO of CNA Europe, Argo International and Prosight. He is a Board member of the OECD's International Network on the Management of Catastrophes.

James Dalton is Director of General Insurance, and a member of the Executive Team, at the ABI. He is also Director of the Insurance Fraud Bureau.

Cheng Li Yow is a Partner in the Financial Institutions Corporate Group at Clifford Chance, specialising in insurance regulation and environmental risk.

Shirley Beglinger is an advisory board member at Crescendo Advisors and a director at the Shires Partnership. She is a former Insurance Fellow at the CSFI.

Oliver Ralph is Insurance Correspondent at the Financial Times. He is a former editor at the Investors Chronicle.

If you have any, please leave your feedback in the comments below. This will allow us to produce a better product for future video projects.

Sign up/subscribe to our YouTube channel (it's free, easy and convenient) to keep up to date on what the CSFI will be producing in the near future.

You can also follow us here:

www.csfi.org
Twitter: @CSFI1
Instagram: @CSFI1

Produced/Edited by Alex Treptow