Special Coverage: COVID-19
Posted: Feb 28, 2020
Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars. Japan has more than 200 cases of …
Posted: Feb 28, 2020
Insurers Risk Significant Losses if Coronavirus Prompts Olympics Cancellation Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of ...
Posted: Feb 28, 2020
As we take our precautions and wait for the World Health Organization (WHO) and the U.S. Centers for Disease Control and Prevention (CDC) to declare COVID-19 a pandemic, now might be a good time to breathe and think about what this outbreak and other perils in the news can teach us about how we...
Posted: Feb 28, 2020
The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe say that it probably is. The bonds, sold in 2017 by the World Bank to raise money for poor countries …
Posted: Feb 28, 2020
The virus outbreak has the potential to hurt upcoming peak travel periods, threatening airline profits.
Posted: Feb 27, 2020
The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe say that it probably is. The bonds, sold in 2017 by the World Bank to raise money for poor countries …
Posted: Feb 26, 2020
Posted: Feb 26, 2020
Getty Images Health officials in the U.S. have advised businesses, schools and communities to prepare for a possible outbreak of the COVID-19 coronavirus. On Tuesday, February 25, the Centers for Disease Control and Prevention (CDC) said a wider spread of the virus in the U.S. can be expected, bu...
Posted: Feb 26, 2020
Allianz CEO Says Market Panic Over Coronavirus Isn’t Warranted Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term impact, said the head of Allianz SE, Europe's biggest insurer. Chief ...
Posted: Feb 26, 2020
Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking more like a natural …
Posted: Feb 26, 2020
Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term impact, said the head of Allianz SE, Europe’s biggest insurer. Chief Executive Officer Oliver Baete said the firm was more …
Posted: Feb 26, 2020
Sedgwick executive explains the complexities surrounding business interruption loss
Posted: Feb 26, 2020
Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking more like a natural …
Posted: Feb 26, 2020
The coronavirus has not only sickened tens of thousands of people, killed several hundred, and disrupted life for millions, but has also sharply impacted the second-largest economy in the world. Many Chinese companies have suspended operations, and international companies like …
Posted: Feb 25, 2020
The cost of insuring against sovereign debt defaults by Gulf Arab states has risen in recent days as markets price the risk the coronavirus outbreak represents for the crude export-dependent region. Conventional spreads on the five-year credit default swaps (CDS) …
Posted: Feb 25, 2020
Iran’s coronavirus death toll rose to 16 on Tuesday, the most outside China, heightening its international isolation as dozens of worst-hit nations from South Korea to Italy accelerated emergency measures to curb the epidemic’s global spread. Believed to come from …
Posted: Feb 25, 2020
It releases four-step plan to help businesses prepare
Posted: Feb 24, 2020
With continued flight cancellations and imposed travel restrictions, it's important to know what travel insurance covers.
Posted: Feb 24, 2020
Law.com International's Hong Kong bureau chief was visiting her family in mainland China when the coronavirus outbreak occurred. In this report, she describes her experience.
Posted: Feb 20, 2020
China’s Ping An Insurance Warns Coronavirus May Impact Business Ping An Insurance Group Co of China Ltd , China's largest insurer by market value, said on Thursday that the coronavirus may have an impact on its business. Ping An's comments on the virus were ...
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