white paper

Evolution of Business Interruption Risks, Through the Lens of Pandemic Crisis

December 3, 2020

As we reflect on the impacts of the current pandemic situation and in particular, the huge losses caused by the disruption and interruption of businesses, without the support of insurance, it has raised an important question: Can pandemic related business interruption be insured? To help answer that question, RIMS and Prudent conducted a survey to gain a better understanding of various dimensions and facets of business interruption insurance, including aspects of the non-damage business interruption (NDBI) solution.

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RIMS, the  risk management society®️, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine and produces RISKWORLD®️, the largest annual gathering of global risk professionals. RIMS embraces diversity, equity and inclusion and welcomes all risk professionals to connect and learn, explore the online Risk Knowledge library, tune into the RIMScast podcast series, and engage via LinkedInTwitter, and Facebook. To learn more, visit www.RIMS.org.

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