This article was updated on March 31, 2020.
Editor's note: Oliver Wyman is monitoring the COVID events in real time and we have compiled resources to help our clients and the industries they serve. Please continue to monitor the Oliver Wyman Coronavirus hub for updates.
Leveraging publicly available information and the insights of specialists across Oliver Wyman, including those that helped create the original US Centers for Disease Control and Prevention (CDC) pandemic response protocols, we have prepared some actuarial considerations to assist insurers assessing COVID-19’s potential impact to their business.
Our actuaries provide insights as to what insurers can expect in terms of mortality rates based on prior global epidemics, examine a range of plausible COVID-19 mortality rate scenarios, and break down COVID-19 mortality rates by attained age and pre-existing conditions.
Given the rapidly evolving COVID-19 situation, please contact any of our named experts for our latest thinking around COVID-19 mortality and additional actuarial considerations.