Special Coverage: COVID-19

Travel Interrupted: Thousands Stranded Globally by China Bans

Travel Interrupted: Thousands Stranded Globally by China Bans

Posted: Feb 06, 2020

Travel Interrupted: Thousands Stranded Globally by China Bans China's coronavirus outbreak has triggered an unprecedented clampdown on travel to and from the world's second-largest economy, leaving thousands of people stranded across the globe and dealing a ...

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China’s Coronavirus Deaths, Infections Rise; Supply Chains, Production, Travel Disrupted

China’s Coronavirus Deaths, Infections Rise; Supply Chains, Production, Travel Disrupted

Posted: Feb 06, 2020

China’s fast-moving coronavirus spread among passengers of a quarantined Japanese cruise liner on Thursday and dragged down production at more global businesses, as scientists across the world searched for a vaccine. The death toll from the virus in mainland China …

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Chubb CEO Greenberg Predicts ‘Modest’ Coronavirus Impact for Now

Chubb CEO Greenberg Predicts ‘Modest’ Coronavirus Impact for Now

Posted: Feb 05, 2020

Chubb CEO Greenberg Predicts ‘Modest’ Coronavirus Impact for Now Chubb Chairman and CEO Evan Greenberg said he expects the insurer—at least for now—to experience only modest impact from the coronavirus tearing through China and around the world. The fast ...

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How Can I Keep My Employees Safe from the Coronavirus?

How Can I Keep My Employees Safe from the Coronavirus?

Posted: Feb 05, 2020

New reports covering  coronavirus reveal a situation that is changing daily and that businesses, especially those with work, travel or operations in or near the epicenter of Wuhan, China, need to follow closely. As of early February, the number of dead reported from the virus was nearly 500, with al...

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Roundup: Nations Stepping Up Scrutiny of Vessels, Trains Shipping from China

Roundup: Nations Stepping Up Scrutiny of Vessels, Trains Shipping from China

Posted: Feb 05, 2020

Vessels and trains coming from China are in focus as nations take steps to halt the spread of a deadly coronavirus that originated in the world’s second-biggest economy. Here’s a roundup of some of the latest efforts by authorities globally, …

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Marsh: Organizations need to be ‘proactive’ as coronavirus spreads

Marsh: Organizations need to be ‘proactive’ as coronavirus spreads

Posted: Feb 05, 2020

Marsh expert outlines key policies companies should have in place

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The Latest Launches From Chubb and Lemonade

The Latest Launches From Chubb and Lemonade

Posted: Feb 04, 2020

The Latest Launches From Chubb and Lemonade Chubb has rolled out insurance cover designed to bridge gaps in traditional terrorism business interruption policies. Lemonade plans to debut pet insurance designed for cats and dogs. Chubb’s Q4 Soars With Strong P/C Premium Gains Chubb has plenty to celeb...

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Coronavirus Will Cause Limited Losses in China’s P/C Insurance Market: A.M. Best

Coronavirus Will Cause Limited Losses in China’s P/C Insurance Market: A.M. Best

Posted: Feb 04, 2020

Coronavirus Will Cause Limited Losses in China’s P/C Insurance Market: A.M. Best Rating firm AM Best said it expects that China's non-life insurance market will experience limited losses from the ongoing coronavirus outbreak. The analysts based their outlook on factors including ...

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Update: Airline Flight Cancellations Due to Coronavirus

Update: Airline Flight Cancellations Due to Coronavirus

Posted: Feb 04, 2020

Feb 4 – Airlines are suspending flights to China in the wake of the new coronavirus outbreak. Here is the latest on their plans (in alphabetical order): AIR CANADA Air Canada said on Jan. 28 it was canceling select flights …

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Coronavirus Tests China’s Work-From-Home Capabilities

Coronavirus Tests China’s Work-From-Home Capabilities

Posted: Feb 04, 2020

Thanks to the coronavirus outbreak, working from home is no longer a privilege, it’s a necessity. While factories, shops, hotels and restaurants are warning about plunging foot traffic that is transforming city centers into ghost towns, behind the closed doors …

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Best’s See Limited Non-Life Insurance Losses in China From Coronavirus Epidemic

Best’s See Limited Non-Life Insurance Losses in China From Coronavirus Epidemic

Posted: Feb 04, 2020

Rating firm AM Best said it expects that China’s non-life insurance market will experience limited losses from the ongoing coronavirus outbreak,. The analysts based their outlook on factors including the central government’s announcement to undertake all medical expenses related to …

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Coronavirus Reportedly Threatens Apple’s iPhone Output

Coronavirus Reportedly Threatens Apple’s iPhone Output

Posted: Feb 03, 2020

Coronavirus Reportedly Threatens Apple’s iPhone Output Foxconn could see a "big" production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak extends into a second week, a person ...

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Coronavirus outbreak places insurers under the spotlight

Coronavirus outbreak places insurers under the spotlight

Posted: Feb 03, 2020

Individuals and organizations turn to insurance as virus spreads; several firms mount response

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Factbox: How Companies Are Reacting to Coronavirus

Factbox: How Companies Are Reacting to Coronavirus

Posted: Feb 03, 2020

Companies around the world have warned that a coronavirus outbreak in China could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights. FINANCIAL IMPACT: * Apple gave a wider-than-usual revenue outlook range for …

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As Economic Costs of Coronavirus Mount, China Accuses U.S. of Overreacting

As Economic Costs of Coronavirus Mount, China Accuses U.S. of Overreacting

Posted: Feb 03, 2020

The economic and diplomatic costs of China’s coronavirus epidemic mounted on Monday with investors knocking $400 billion off the value of stocks and the government accusing the United States of over-reacting to the outbreak and whipping up panic. The number …

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Is the coronavirus a covered insurance loss?

Is the coronavirus a covered insurance loss?

Posted: Feb 02, 2020

As the virus spreads around the globe, insurers could see claims arising from the health, workers’ compensation, life, travel and general liability sectors.

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Airlines Under Pressure to Halt Flights to China; Update on Cancellations

Airlines Under Pressure to Halt Flights to China; Update on Cancellations

Posted: Jan 31, 2020

Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines’ pilots filing a lawsuit seeking an immediate halt. China has reported nearly 10,000 cases …

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Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency

Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency

Posted: Jan 31, 2020

The U.K. confirmed its first two cases of coronavirus on Friday, while the U.S. and Japan advised citizens to avoid traveling to China. Singapore suspended visas issued to Chinese citizens. Stocks fell in Europe and Asia as the virus continued …

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Singaporean insurer to cover coronavirus

Singaporean insurer to cover coronavirus

Posted: Jan 31, 2020

Tokio Marine Life Insurance Singapore (TMLS) has launched #goCare to demonstrate its continued commitment to support and care for our policyholders in the fight against the coronavirus. Policyholders with in-force...

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China's car production to fall amid coronavirus fear

Posted: Jan 31, 2020

China's automobile production is set to fall sharply as automakers withdraw staff fearing a coronavirus epidemic.

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