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연구정보

[경제] How Indian insurance companies can respond to coronavirus

인도 국외연구자료 연구보고서 - McKinsey 발간일 : 2020-05-07 등록일 : 2021-02-04 원문링크

As the COVID-19 pandemic continues to unfold, what began as a health crisis is quickly turning into a financial one. The global economy is in turmoil and expected to shrink significantly. Although potential scenarios depend on virus spread and the readiness of public-health systems to respond, McKinsey analysis suggests that global financial-rebound scenarios show GDP reverting to precrisis levels as early as Q4 2020 or as late as Q3 2022. India will likely face similar scenarios.

The outbreak has already heavily affected the global insurance sector; the insurance index decreased by 22.6 percent between December 31, 2019, and April 9, 2020, and this impact will likely last until Q4 2020. In India, share prices in the insurance sector dropped by 25.9 percent during the same period (Exhibit 1).

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