
Insurance and reinsurance of pandemic and epidemic risks: Construction of a new market for the transfer of systemic risks
Indeed, traditional damage insurance and business interruption mechanisms have proven insufficient in the face of a simultaneous and highly correlated global event. Infectious epidemics are occurring more frequently and spreading more quickly and widely, influenced notably by biological, environmental, and lifestyle factors. It also recalls that 75% of emerging infectious diseases have a zoonotic origin from diseases or infections whose pathogen (virus, bacteria, parasite) naturally comes from a vertebrate animal...










