Coronavirus Epidemic Could Infect Two-Thirds of World’s Population: WHO Scientist February 14, 2020 By John Lauerman As the number of coronavirus cases jumps dramatically in China, a top infectious-disease scientist warns that things could get far...
Australia’s Central Bank Chief Warns of Economic, Financial Effects of Climate Change February 14, 2020 By Michael Heath Australia’s central bank chief Philip Lowe warned of wide-ranging economic and financial impacts from climate change, after his drought-stricken nation...
Outgoing BoE Governor Discusses Risks of Negative Interest Rates, Climate Change February 13, 2020 By Jill Ward and Francine Lacqua Mark Carney said he’s lucky he never had to cut interest rates below zero as Bank of England governor because...
Members of Lloyd’s New Cultural Advisory Group Include Mental Health Specialists February 13, 2020 Lloyd’s has announced the membership of its new, independent Culture Advisory Group, which has been set up as part of...
Coronavirus Leads Companies with Supply Chain Disruptions to Invoke ‘Force Majeure’ February 13, 2020 By Jan Wolfe With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies...
Coronvirus Led to Cancellation of Telecoms Meeting, but Insurance Cover Is Excluded February 13, 2020 Companies that have spent money on a major telecoms conference in Barcelona that has been canceled after mass withdrawals due...
Insurers Rush to Exclude Coronavirus Epidemic from Event-Cancellation Protection February 13, 2020 By Carolyn Cohn and Noor Zainab Hussain Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the...
Argo Warns of $114M Underwriting Loss, Extra Costs From Watson’s Departure February 13, 2020 By Mark Hollmer Argo Group International Holdings Ltd. is warning that its 2019 fourth quarter will feature some “unacceptable” results, particularly a $114...
Facebook, Twitter, Other Internet Firms to Be Responsible for Content Under UK Plan February 12, 2020 By Paul Sandle Britain said it would force social media companies such as Facebook, Twitter and Snap to do more to block or...
DARAG Completes 2 Legacy Acquisitions in UK February 12, 2020 DARAG Group Ltd., the Malta-based legacy acquirer, announced the completion of the acquisitions of both The Underwriter Insurance Co. Ltd.,...