The Emerging Risks Team at Lloyd’s has issued a new report on the threat posed by a global pandemic. Its report “Pandemic - Potential Insurance Impacts” focuses on the threat to the global business community and, in particular, the insurance markets of a global pandemic.

The report concludes that a pandemic is inevitable, explaining that with historic recurrence rates of 30-50 years it is prudent to assume that a pandemic will occur sometime in the future.

Trevor Maynard, Manager, Emerging Risks, at Lloyd’s and the report’s author says: “The significant message is that society should not optimise to one particular scenario as a worst case. Much has been said of the 1918 Spanish Flu epidemic, which is said to have killed up to 100 million people worldwide. While Avian Flu is seen as the most likely next pandemic, we have to ensure we are prepared for other types of pandemics that may require different responses and pose different challenges —some of which may well have higher rates of mortality than flu.”

Téléchargez ICI le rapport de la Lloyd's