Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Best’s See Limited Non-Life Insurance Losses in China From Coronavirus Epidemic
Feb 4 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...
Factbox: How Companies Are Reacting to Coronavirus
Feb 3 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...
As Economic Costs of Coronavirus Mount, China Accuses U.S. of Overreacting
Feb 3 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...
Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency
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...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions
Jan 29 2020 // Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities
Jan 29 2020 // Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them — and Toyota Motor Corp. is halting production in the country, as global corporations grapple with a...
Apple’s China-Centric Supply Chain Braces for Disruption From Coronavirus
Jan 28 2020 // Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more...
How China’s Coronavirus Will Test the U.S., Too: Opinion
Jan 27 2020 // As the Wuhan coronavirus spreads to America, it now seems quite possible the United States will face some considerable logistical challenges. Even if the virus turns out not to be very deadly, or mutates into a safer form,...
U.S. Confirms 5 Cases of Coronavirus; 100 More Possible But Risk in U.S. Deemed Low
Jan 26 2020 // Five people in the United States, all of whom recently traveled from Wuhan, China, have been diagnosed with the new coronavirus, officials of the federal Centers for Disease Control and Prevention said on Sunday. The count...
New Coronavirus Outbreak: Marsh Recommends Immediate Steps for Multinationals
Jan 24 2020 // The effects on multinational businesses from a potentially worsening Wuhan coronavirus outbreak could be severe, which is why they need to review, test and potentially update plans related to business continuity, crisis...
China’s New Coronavirus Doesn’t Always Cause a Fever so Detection May Be Difficult
Jan 24 2020 // China’s new deadly virus is more difficult to contain than other pandemics because those infected may not get a fever, a symptom governments around the world are using to screen for the pathogen. The National Health...
Trump Says U.S. Has Plan to Contain Coronavirus
Jan 22 2020 // President Donald Trump said on Wednesday that the United States has a plan in place to contain the coronavirus outbreak. Speaking on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Switzerland,...
Pandemic Fears Grow as China Steps Up Efforts to Control New Flu-Like Coronavirus
Jan 22 2020 // Deaths from China’s new flu-like virus rose to nine on Wednesday with more than 470 confirmed cases, heightening global fears of contagion from an infection suspected to have come from animals. The previously unknown...
China’s Mysterious Respiratory Virus Spreads to Health Workers, Different Countries
Jan 21 2020 // China’s mysterious respiratory virus has caused six deaths and infected a number of medical workers, a sign the outbreak has entered a new phase with the illness spreading from person to person. Health-care workers...
Why Year-Long Ebola Outbreak Hasn’t Triggered Payout from Pandemic Insurance
Aug 2 2019 // World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight after the latest deadly Ebola outbreak has yet to trigger a payout. Following the 2013-2016 Ebola...
China’s Swine Virus Epidemic Should Be a Global Concern: Opinion
Apr 25 2019 // It’s a familiar and ominous story. A deadly pathogen with no known cure begins spreading in China. Rather than acknowledge the problem, officials throughout the Chinese government shut down media coverage, while...
New Marsh Coverage Protects Businesses From Pandemic Losses
May 22 2018 // Marsh has launched a new insurance product to provide financial protection to US-based businesses and their global operations affected by an infectious disease outbreak. PathogenRX, developed by Marsh in collaboration with...
‘Globesity’ Reaches Pandemic Levels: Aetna International Report
Mar 13 2017 // Urgent action is required to limit the global fallout from rising obesity levels, according to a report published by health insurance provider Aetna International. Aetna International said it analyzed data from the World...
AIR Worldwide Expands Global Pandemic Model to Include 6 Additional Diseases
Jul 26 2016 // Boston-based catastrophe risk modeling firm AIR Worldwide (AIR) announced it has expanded its Global Pandemic Model to include outbreaks of six additional diseases. The model now explicitly accounts for nine pathogens,...
Disaster Response: Pandemic Insurance to the Rescue
Jul 11 2016 // The shoe may eventually be placed on the other foot for the United States. This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other...
