COVID Crisis Cuts Global Macro Resilience, Raises Insurance Protection Gap: Swiss Re June 16, 2021 By L.S. Howard The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18%...
Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil May 20, 2021 Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year...
From Insurers to Landlords, Retailers to Restaurants, COVID Reshapes Economies December 18, 2020 By Paul Wiseman and Alexandra Olson It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small digital insurance...
Impact of Coronavirus on U.S. Economy Could Be $3-$5 Trillion Over 2 Years: USC Study December 14, 2020 The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. real gross...
Florida Gov Lifts Virus Restrictions On All Businesses September 28, 2020 By Bobby Caina Calvan Gov. Ron DeSantis lifted all restrictions on restaurants and other businesses in Florida on Friday, and banned local fines against...
Why the Coronavirus Recession Is Not Like the Last Recession September 14, 2020 By Howard Schneider and Jonnelle Marte Judith Ramirez received a letter this month that she’d been dreading: The Honolulu hotel that furloughed her from a housekeeping...
Europe Urged to Focus on Those Who Must Pay Off Debt After Pandemic August 18, 2020 Rebuilding Europe after the coronavirus pandemic will be akin to the post-World War II reconstruction effort and the bloc must...