What the ongoing pandemic means for ILS & reinsurance - Tom Johansmeyer, PCS - ILS NYC 2021

Episode 49,   Feb 24, 2021, 11:00 AM

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Tom Johansmeyer, Head of PCS, a Verisk business, joined us for a second interview during our ILS NYC 2021 virtual conference, this time to discuss the effects of the ongoing COVID-19 coronavirus pandemic on the reinsurance and insurance-linked securities market.

Tom Johansmeyer, Head of PCS, a Verisk business, joined us for a second interview during our ILS NYC 2021 virtual conference, this time to discuss the effects of the ongoing COVID-19 coronavirus pandemic on the reinsurance and insurance-linked securities market. 

The discussion focused on the ongoing COVID-19 pandemic and what its continuation means for insurance-linked securities (ILS) and reinsurance markets. 

We also spoke about how long the tail of the pandemic could prove to be, particularly in longer-tailed lines of insurance and when the industry may have greater visibility of the eventual industry-loss total, across insurance, reinsurance and insurance-linked security (ILS) markets. 

The topic of hedging also came up and we talked about how important it may be for insurance and reinsurance firms to find ways to protect themselves against future pandemic losses, as COVID-19 impacts continue across the world.