Re-Accelerate Insurance in the Post-COVID Era Report
25 Jun 2020
1 min read
COVID-19 will have a far-reaching impact on all economies and sectors. We believe that the recovery process is likely to be a long-drawn and arduous journey, however, the Indian economy is resilient, and its long-term fundamentals remain intact.
This report is intended to provide an overall perspective on the impact of COVID-19 on the Insurance sector as the economy starts recovering post a nation-wide lockdown announced on 22 March 2020. In the section on ‘Immediate impact of COVID-19 on economy and Insurance sector’, we have discussed the impact of the current economic crisis on the Indian Insurance sector, new business premium, share prices of listed Insurers and specific interventions aimed at providing relief.