The coronavirus (COVID-19) pandemic has provoked a public health crisis without precedent in living memory. Part of the OECD's co-ordinated policy response across countries, this page groups insurance-related responses from the OECD that can help guide the actions of governments, supervisors and industry.
Each year, the OECD publishes a survey of the investment regulation of pension funds and other pension providers which describes the main quantitative investment regulations applied to pension funds in 80 economies. The survey questionnaire covers all types of pension plans financed via pension funds.
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This report provides an overview of the measures that governments, insurance regulators and supervisors and insurance associations and individual companies have taken to respond to COVID-19 across three main areas.
This annual report analyses insurance market statistics collected by the OECD to monitor the insurance industry’s overall performance and health. It covers all OECD countries plus selected Asian, African and Latin American countries.
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29 June 2020 - Preliminary data for 2019 show that gross premiums rose in most countries, especially in the non-life sector, continuing the global growth observed in recent years. The COVID-19 pandemic may however curb the positive premium and investment income growth.
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10/06/2020 - Preliminary data for 2019 show that pension funds held USD 32.3 trillion in the OECD area and USD 0.7 trillion in 29 other jurisdictions. The US exhibited the largest amount of assets in pension funds at end-2019 (USD 18.8 trillion), followed by the UK (USD 3.6 trillion), Australia (USD 1.8 trillion), Netherlands (USD 1.7 trillion), Canada (USD 1.5 trillion),Japan (USD 1.4 trillion) and Switzerland (USD 1.0 trillion).
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In addition to the health consequences of the COVID-19 pandemic, both individuals and businesses face significant costs and losses. This note reviews the potential coverage available for COVID-19 related losses across different lines of insurance business and provides a high-level assessment of the availability of coverage based on common industry practices as of April 2020.