Join the Lloyd’s Lab for a series of short, insightful sessions with a selection of teams from their fifth cohort. Each session will run for 45 minutes, including Q&A. These will not be sales pitches, but will instead allow the teams to present some of their thought leadership and ideas.

As with much casualty risk in the United States, COVID-19 liability has low expected loss, and potentially extreme tail loss.

Praedicat has been working on scenarios of tail loss for COVID-19 liability, applying models based on previous mass litigation events to the risk of COVID-19. Significant tail risk for the insurance industry could result from a “take-home COVID-19” scenario similar to take-home asbestos. If it emerges, the losses would have a broad industrial footprint across essential industries, and would also bring significant risk of cross-line clash to D&O and workers’ compensation.

In this webinar, Praedicat CEO will describe our scenario for take-home COVID-19, provide quantitative estimates of the tail risk, describe some additional drivers of COVID-19 casualty tail risk, and present some estimates of cross-line clash emerging from Praedicat’s work in the Lloyd’s Lab.