Reinsurance will be disrupted by pandemic

The Covid -19 pandemic has literally taken the world by storm and disrupted government and business operations and functions across the globe. It has caused a major dip in supply chains, paralysed critical services including travel and led to a complete shutdown of learning institutions.

Economies and global markets have entered into a period of extreme volatility, and productivity across all sectors has fallen significantly except for medical products such as ventilators, test kits and face masks.