An Insurance Business Magazine article.
The world-changing impacts of the COVID-19 pandemic have highlighted the risk of pandemics and infectious diseases globally, with it topping a recent survey of emerging risks.
The 14th Annual Survey of Emerging Risks, conducted by the Canadian Institute of Actuaries, the Casualty Actuarial Society, and the Society of Actuaries, found that 45% of respondents chose pandemics/infectious diseases as the largest current risk. This was much larger than the previous first place risk, climate range, which dropped from 16% in 2019 to 11% in 2020.
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