Coronavirus outbreak: Market reaction

Adviser, underwriter and reinsurer viewpoints

Adam Saville
clock • 5 min read

As the world scrambles to contain the outbreak, sections of the insurance industry share their view

Earlier this week we reported that the coronavirus could reach 200,000 by the end of week, from the 2000 or so cases in China reported at the weekend.  When there is an outbreak of an infectious disease, the key parameters to understand are incubation time (if it is long, that is problematic as people travel), how a virus is being transmitted from human to human and how lethal it is. While some aspects of coronavirus are still uncertain, what we do know is that incubation lasts between one and 14 days, during which time it is infectious. Symptoms include runny nose, headache, cough...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Lee Hartley to step down as Fairstone CEO

Lee Hartley to step down as Fairstone CEO

Replacement to be named in September

Jenna Brown
clock 01 July 2025 • 1 min read
COVER Customer Care Conference 2025: Roundup

COVER Customer Care Conference 2025: Roundup

Today (27 June, 2025), COVER hosted its Customer Care Conference, focussing on building consumer trust through care.

Cameron Roberts
clock 27 June 2025 • 4 min read
BIBA publishes guide for brokers to understand AI

BIBA publishes guide for brokers to understand AI

Regulatory, legal and compliance considerations

Cameron Roberts
clock 27 June 2025 • 1 min read