Special Coverage: COVID-19
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 ...
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...
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, …
Posted: Feb 05, 2020
Marsh expert outlines key policies companies should have in place
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...
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 ...
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 …
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 …
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 …
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 ...
Posted: Feb 03, 2020
Individuals and organizations turn to insurance as virus spreads; several firms mount response
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 …
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 …
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.
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 …
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 …
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...
Posted: Jan 31, 2020
China's automobile production is set to fall sharply as automakers withdraw staff fearing a coronavirus epidemic.
Posted: Jan 30, 2020
The global film industry's box office revenue is expected to take a hit of up to $2 billion as China shutters 70,000 movie screens to limit the spread of coronavirus.
Posted: Jan 29, 2020
Business Interruptions Spread Globally as Coronavirus Cases Grow Facebook Inc. is restricting employee travel to China, while other big companies including and Nissan Motor Co. and Starbucks Corp. are taking measures to shield employees in areas hardest hit by a ...
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