The COVID-19 pandemic created substantial operational and financial challenges for insurers. Reacting quickly, they stabilized operations and overcame initial liquidity challenges, then turned their attention to the longer-term implications of the…
Regulation and supervision, Risk management and oversight / Insurance and Asset Management
Despite the urgency of COVID-19, insurers are continuing to address a more slow-moving global crisis: climate change. The effects of climate change are already being felt across the globe. Insurers feel its impact in both underwriting losses and…
Governance, Regulation and supervision, Risk management and oversight / Insurance and Asset Management
On July 21, eleven chairs of the boards of banks and insurance companies from Africa, Canada, Europe, and the US met to discuss the risks of greatest concern in the current environment, as well as emerging opportunities. The board leaders exchanged…
Governance, Risk management and oversight, Financial Strategy / Banking
COVID-19 prompted oncologists across the United States to rapidly deliver new interventions and policies to protect their patients and workforce. As the acute crisis abates in some states, stakeholders are contemplating the longer-term implications…
New payment models, New regulatory and reimbursement approaches, Health system readiness / Healthcare
Even as the coronavirus continues to pose a serious threat, governments around the world are trying to ease restrictions and boost their economies. In this new phase, companies are ramping up operations, focusing not only on the immediate need to…
Board and committee effectiveness, Boards and General Management
The COVID-19 pandemic has tested information technology (IT) infrastructures and cybersecurity systems in unprecedented ways. Lockdowns forced employees, including executives, to work from home indefinitely, and companies rushed to provide devices…
Boards and General Management, Board risk oversight, Cybersecurity
Even though the coronavirus continues to pose a serious public health threat, governments around the world are trying to protect their economies by easing restrictions. As the crisis enters a new phase, companies are focused on restarting their…
Board and committee effectiveness, Boards and General Management, Board risk oversight
The ongoing COVID-19 pandemic and the rapid rise of a movement in support of racial justice combine to make the work of boards and their compensation committees as important and challenging as ever. During a June 26, 2020 virtual meeting, CCLN…
Board and committee effectiveness, Boards and General Management, Investor perspectives on public companies
On June 2 and 8, Bank Governance Leadership Network (BGLN) participants joined two virtual meetings to continue discussions around the COVID-19 pandemic and implications for large bank operations, technology, and credit, conduct, and reputational…
Financial cybersecurity, Innovation and technology, Risk management and oversight / Banking
On April 29 and May 1, Bank Governance Leadership Network (BGLN) participants joined two virtual meetings to discuss the global response to the COVID-19 pandemic and implications for large banks. The key themes that emerged are:
Credit issues and…
Governance, Regulation and supervision, Risk management and oversight / Banking