Evidence map›Paper›PMID 32784978›Full record

ArticleInternational journal of environmental research and public health2020

The Impact of COVID-19 on the Insurance Industry.

Pius Babuna, Xiaohua Yang, Amatus Gyilbag, Doris Abra Awudi, David Ngmenbelle, Dehui Bian

Open access · goldAbstract read
In one paragraph

Article in International journal of environmental research and public health, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 7 papers.

0numbers the graph read from it
0cells of the map it votes in
7citing papers in PubMed
23.2field-weighted citation impact, top 1% of its field
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

7 citing papers in PubMed, 111 citations in OpenAlex.

  1. Article
  2. Article
  3. Article
  4. Article
  5. The find of COVID-19 vaccine: Challenges and opportunities.Journal of infection and public health · 2021
    Review
  6. Article
  7. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors at 2 institutions in 3 countries.

Pius BabunaSchool of Environment, Beijing Normal University, Beijing 100875, China.ORCID 0000-0002-2672-9217
Xiaohua YangSchool of Environment, Beijing Normal University, Beijing 100875, China.ORCID 0000-0001-8387-5213
Amatus GyilbagCollege of Agriculture and Natural Resources, Kwame Nkrumah University of Science and Technology, Kumasi PMB KNUST, Ghana.ORCID 0000-0003-1722-3959
Doris Abra AwudiCollege of Agriculture and Natural Resources, Kwame Nkrumah University of Science and Technology, Kumasi PMB KNUST, Ghana.ORCID 0000-0001-8598-9214
David NgmenbelleCollege of Agriculture and Natural Resources, Kwame Nkrumah University of Science and Technology, Kumasi PMB KNUST, Ghana.
Dehui BianSchool of Environment, Beijing Normal University, Beijing 100875, China.
Beijing Normal University · CNKwame Nkrumah University of Science and Technology · GH

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

This study investigated the impact of COVID-19 on the insurance industry by studying the case of Ghana from March to June 2020. With a parallel comparison to previous pandemics such as SARS-CoV, H1N1 and MERS, we developed outlines for simulating the impact of the pandemic on the insurance industry. The study used qualitative and quantitative interviews to estimate the impact of the pandemic. Presently, the trend is an economic recession with decreasing profits but increasing claims. Due to the cancellation of travels, events and other economic losses, the Ghanaian insurance industry witnessed a loss currently estimated at GH Ȼ112 million. Our comparison and forecast predicts a normalization of economic indicators from January 2021. In the meantime, while the pandemic persists, insurers should adapt to working from remote locations, train and equip staff to work under social distancing regulations, enhance cybersecurity protocols and simplify claims/premium processing using e-payment channels. It will require the collaboration of the Ghana Ministry of Health, Banking Sector, Police Department, Customs Excise and Preventive Service, other relevant Ministries and the international community to bring the pandemic to a stop.

Indexed as

BetacoronavirusCoronavirus InfectionsCOVID-19Economic RecessionGhanaHumansInfluenza A Virus, H1N1 SubtypeInsurance CarriersMiddle East Respiratory Syndrome CoronavirusPandemicsPneumonia, ViralSARS-CoV-2coronavirusCOVID-19infection rateinsurance industryNational Insurance CommissionpandemicWorld Health Organization

Identifiers

PMID32784978
PMCPMC7459729
OpenAlexW3047914723

What OpenQuestion holds

Textmetadata
LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.